Dividend Information About Leggett & Platt: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

Leggett & Platt (LEG) has announced a cash dividend of $0.050 per share, with an ex-dividend date set for Sep 15, 2025. This dividend will be paid on Oct 15, 2025, to shareholders of record as of the ex-dividend date. The announcement was made on Aug 7, 2025, in line with the company’s regular dividend schedule. Comparing this upcoming payment to the average of the last 10 dividends, which is approximately $0.2129 per share, the current payout appears significantly lower. The previous dividend was issued on Jul 15, 2025, with the same amount of $0.050 per share and also as a cash dividend. Investors should note that the recent decrease in the dividend per share might reflect ongoing adjustments in the company's capital allocation strategy or broader financial decisions. Recently, Leggett & Platt has been making notable moves in its corporate strategy, including the recent closure of the sale of its Aerospace Products Group, which is expected to bring in after-tax proceeds of around $250 million. This development has been accompanied by an upward revision of 2025 earnings guidance, signaling stronger financial flexibility and operational focus. Over the past week, analysts have highlighted the company’s robust liquidity and successful restructuring efforts, which have significantly improved its survivability in the current economic climate. As of late, Leggett & Platt has demonstrated a strong dividend coverage ratio, with the last year’s payout accounting for just 11% of its free cash flow. This level of coverage, supported by both profit and cash flow metrics, suggests the company has sufficient financial capacity to sustain or even potentially increase its dividend in the future. The company’s recent actions and strategic clarity have led some analysts to upgrade their outlook for LEG stock, shifting from a hold to a buy recommendation. Meanwhile, the stock has shown a one-month return of +10.6%, reflecting positive investor sentiment. In conclusion, Leggett & Platt remains a key player in its industry, with recent operational and financial moves reinforcing its position. For investors, it is important to note that the ex-dividend date for this upcoming dividend is Sep 15, 2025, meaning investors must purchase the stock before this date to be eligible for the dividend. Any purchase after this date will not qualify for the Oct 15, 2025, payout.