Leggett & Platt, Incorporated (NYSE:LEG) Updates On Dividend Release Date


On 2016-08-05, Leggett & Platt, Incorporated (NYSE:LEG) confirmed the dividend disbursement of $0.34 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-10-14 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Leggett & Platt, Incorporated (NYSE:LEG) paid a total of $0.34 per share in dividends. This figure stood at $0.34 a share in the same period a year ago indicating a deviation of 3.2787%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $48.5 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $52 and $45, respectively.

Taking the mathematical rating formula, the price for Leggett & Platt, Incorporated (NYSE:LEG) stands at 3.5. Earnings Review Leggett & Platt, Incorporated (NYSE:LEG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.65.

Coming to the quarter ending on 2015-12-31, Leggett & Platt, Incorporated (NYSE:LEG) recorded EPS of $0.66. The reported numbers came lower than the analysts’ estimates of $0.63, demonstrating a miss of $0.03 as against reported figures.

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