Dividend Stock Analysis: Leggett & Platt, A Solid, Steady, High-Yield Performer
Leggett & Platt Inc. makes a broad line of bedding and furniture components and other home, office and commercial furnishings, as well as products for non-furnishings markets. Linked here is a detailed analysis and commentary...
In spite of being a highly cyclical company, LEG has a long history of profitability and generating strong free cash flows. In late July, the company reported second-quarter 2014 results. Adjusted earnings came in 9% above the prior year at $0.48 per share.
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