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Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
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Dividend stocks are my favored way for generating passive income for retirement. Passive income is generated with minimal effort once set up, and can snowball beautifully as dividends are reinvested. ...
Leggett & Platt's share price has declined by more than 80% over the past 3 years, culminating in a drop of over 25% after the recent dividend cut. Recent weakness in the industry and low-cost competi...
NEW YORK , June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...
Leggett & Platt, Incorporated has cut its dividends after 51 consecutive years of dividend hikes. A key lesson I learned for analyzing dividend stocks is to not just look at the yields and simple payo...
Dividend stocks have struggled in recent years due to rising interest rates and companies cutting or eliminating their dividends. We look at some concerning storm clouds brewing on the horizon for the...
Legget & Platt (LEG) reported earnings 30 days ago. What's next for the stock?...
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisi...
CARTHAGE, Mo. , May 21, 2024 /PRNewswire/ -- Karl Glassman appointed President and CEO and will continue to serve as Board Chairman Mitch Dolloff resigned as President and CEO and a member of the Boar...
Private Advisor Group LLC boosted its stake in Leggett & Platt, Incorporated (NYSE:LEG – Free Report) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities...
