Leggett & Platt Dividend yield
What is the Dividend yield of Leggett & Platt?
The Dividend yield of Leggett & Platt, Inc. is 11.31%
What is the definition of Dividend yield?
Dividend yield represents the ratio between dividends paid out to shareholders per share and the market price per share over a trailing year.
= ttm (trailing twelve months) dividend rate / previous day’s close
The dividend yield or dividend-price ratio of a share is the dividend per share, divided by the price per share. It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant, and is often expressed as a percentage. The reciprocal of the dividend yield is the price-dividend ratio.
A higher dividend yield has been considered to be desirable among many investors. A high dividend yield can be considered to be evidence that a stock is underpriced or that the company has fallen on hard times and future dividends will not be as high as previous ones. Similarly a low dividend yield can be considered evidence that the stock is overpriced or that future dividends might be higher. Some investors may find a higher dividend yield attractive, for instance as an aid to marketing a fund to retail investors, or maybe because they cannot get their hands on the capital, which may be tied up in a trust arrangement. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.
Dividend yield of companies in the Consumer Discretionary sector on NYSE compared to Leggett & Platt
What does Leggett & Platt do?
Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. 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.
Companies with dividend yield similar to Leggett & Platt
- Sequoia has Dividend yield of 11.25%
- Pennymac Mortgage Investment Trust has Dividend yield of 11.26%
- CBRE Global Real Estate Income Fund has Dividend yield of 11.27%
- Petroleo Brasileiro S.A. Petrobras has Dividend yield of 11.28%
- Topsports International has Dividend yield of 11.29%
- Dividend 15 Split has Dividend yield of 11.30%
- Leggett & Platt has Dividend yield of 11.31%
- Voya Asia Pacific High Dividend Equity Income Fund has Dividend yield of 11.31%
- Incitec Pivot has Dividend yield of 11.32%
- Kato (Hong Kong) has Dividend yield of 11.32%
- Tao Heung has Dividend yield of 11.32%
- Newcrest Mining has Dividend yield of 11.34%
- Fiera Capital has Dividend yield of 11.36%