Carthage, Missouri, US-based Leggett & Platt (Leggett), a leading producer of drawn steel wire and bed springs in addition to other manufacturing areas, has announced a dividend of $0.26 per share for the first quarter, a four percent increase versus the dividend declared in the first quarter of 2009. The dividend will be paid on April 15, 2010 to shareholders of record on March 15, 2010.
Leggett has increased its annual dividend for 39 consecutive years, at an average compound growth rate of 14 percent.