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.

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Leggett & Platt Inc > LEG Dividend Announcement Could be in the offing,

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Comment by dirtysox66on Mar 08, 2014 10:26am

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Post# 22298017

RE:RE:LEG Dividend Announcement Could be in the offing,

it is premature to initiate a dividend - they have too much debt. i believe any surplus cash
not needed for drilling and development should go to debt reduction. they are paying 7.5%
on the money that the canada pension plan investment board loaned them.

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