Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (75462)	4/23/2024 7:56:39 AM
From: E_K_S	Read Replies (1) \| Respond to of 78462

Re:LEG Here is what the AI bot found on their dividend: Dividend Leggett & Platt is a "dividend king" having raised its dividend for 53 consecutive years, indicating a commitment to returning value to shareholders 3 4. However, some analysts are concerned that the chance of a dividend cut has increased due to the company's balance sheet and cash flow challenges 2 4. The company stated it is not changing its objectives of maintaining its investment grade debt ratings and current dividend practices 1. For me it's more about expected growth which is still low. They have two other divisions: Leggett & Platt has three main business segments: Bedding Products Specialized Products Furniture, Flooring & Textile Products For 2024, the company expects a decline in total sales, but growth in the automotive and aerospace sectors 3. The company's earnings growth rate is expected to be 33.8% per year, and its earnings per share (EPS) growth rate is forecast at 33.6% per year 2. ------------------------------------------------------------------- We will just see how it plays out. It's a log process to make significant changes that move the needle. I do like their Specialized Products Division as their 'hidden' asset w/ potential to add significant growth.