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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical
Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Leggett & Platt Inc > DIVIDEND ON THE WAY BY YEAR END!
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Post by Upside123on Aug 12, 2013 10:14pm
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Post# 21665430

DIVIDEND ON THE WAY BY YEAR END!

DIVIDEND ON THE WAY BY YEAR END!

Legacy's positive operational and financial results and crude oil hedging program, when combined with the current robust oil price environment, enable a rapid de-levering and improvement of the Company's balance sheet and its debt to forward cash flow by the end of 2013.  As a result, Legacy is further positioned to pursue sustainable growth and shareholder value creation opportunities beyond its historical track record.

 
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Dealroom for high-potential pre-IPO opportunities