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Strategies & Market Trends : Dividend investing for retirement

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To: MoneyPenny who wrote (9713)	8/2/2011 11:19:38 AM
From: Bocor	Read Replies (1) of 34328

Leggett & Platt Increases Third Quarter Dividend to $.28 August 02, 2011: 11:12 AM ET CARTHAGE, Mo., Aug. 2, 2011 /PRNewswire/ -- Increased 3Q dividend to $.28 per share, an increase of 3.7%. Indicated dividend yield is 5.3%. Dividends have increased for 40 consecutive years, at a 14% compound growth rate. Leggett & Platt's Board of Directors announced today that they are raising the company's quarterly dividend by one cent per share, or 3.7%, to $.28 per share for the third quarter. The dividend will be paid on October 14, 2011 to shareholders of record on September 15, 2011. At an annual indicated dividend of $1.12 per share, the yield is 5.3%, based upon yesterday's closing stock price of $21.09 per share.

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