Leggett & Platt, Inc.

  • Which Stock Will Help You Sleep at Night?

    By AnnaLisa Kraft - July 16, 2013 | Tickers: LEG, SCSS, TPX

    "Sweet dreams (are made of this)," the Allen Toussaint song sung memorably by the Eurythmics' Annie Lennox is something people yearn for across the seven seas. Over 100 different chronic sleep disorders affect at least 30 million Americans over 13.

    Maybe you've missed an occasional night's sleep, but for many it's a serious health and safety issue and the most precious commodity around. Serious enough that the more »

  • 4 Dividend Champions Going Ex-Dividend in June

    By Karin Hernandez - June 5, 2013 | Tickers: APD, CINF, KMB, LEG

    Dividend companies continue to be popular, both among people investing for income and among people looking for superior returns with the added bonus of a steady income stream. Investors are finally recognizing that over time, dividend-payers have historically outperformed other classes, and that much of the stock market’s overall performance can actually be attributed to the contribution of dividends.

    Important dates for dividend stocks

    If you're going to more »

  • Interested in Playing The Housing Recovery? Consider These Stocks

    By Bob Ciura - May 6, 2013 | Tickers: LEG, TPX, WSO

    As the economy in the United States continues to recover from the worst recession in decades, it’s becoming clear that the housing market in particular is showing strength. For the first time in quite some time, the American housing market may prove to add to our national gross domestic product rather than be a drag on it.

    Recent data points reflect the resuscitation of the U.S. housing market more »

  • The Market Might Have Peaked, but These Stocks Are Worth a Watch

    By Mark Morelli - April 5, 2013 | Tickers: MTGE, ARI, CVX, LEG

    The first quarter is over. The market did very well during the first three months of 2013. The Dow Jones Industrial Average gained 8.7% and the S&P 500 rose 7.3%, not counting reinvestment of dividends.

    Doom and gloom

    Some analysts have said that the market may have already peaked for the year, and that a "correction" surely is on the way. Depending on which "doom and gloom more »

  • Has the market already peaked?

    By Mark Morelli - April 2, 2013 | Tickers: MTGE, ARI, CVX, LEG

    The first quarter is over. The market did very well during the first three months of 2013. The Dow Jones Industrial Average gained 8.7% and the S&P500 index rose 7.3%, not counting reinvestment of dividends.

    Doom and gloom

    Some analysts have said that the market may have already peaked for the year and that a "correction" surely is on the way. Depending on which "doom and gloom more »

  • Building My Perfect Dividend Portfolio - Leggett & Platt

    By Karin Hernandez - March 18, 2013 | Tickers: FLXS, GPC, LEG

    This is part nine of a ten-part series, which I will be publishing until the entire portfolio has been introduced. You can see Part One here, Abbott Laboratories; Part Two, PartnerRe Limited; Part Three, Enterprise Products Partners; Part Four, Cracker Barrel Old Country Store; Part Five, Meredith Corp; Part Six, Lockheed Martin; Part Seven, Sunoco Logistics Partners; and Part Eight, Williams Companies.

    I have been analyzing dividend companies for nearly more »

  • Danger Ahead With These Dividend Aristocrats!!

    By AnnaLisa Kraft - March 7, 2013 | Tickers: FDO, LEG, MKC

    It seems like everyone is screeching after yield buying up consumer staples, REITS, and even student loan backed securities. Dividend Aristocrats, those companies that have steadily raised their dividend for 25 years or more, have been go-to stocks for those yearning for yield. But...not every aristocrat is created equal.

    Three names that require caution are Family Dollar (NYSE: FDO), Leggett & Platt (NYSE: LEG), and McCormick & Company (NYSE: MKC). Investors more »

  • These Are Dividends You Can Count On!

    By Shmulik Karpf - February 22, 2013 | Tickers: T, LEG, VVC

    In the current artificially depressed interest rate environment that we live in, it's crucial to search for assets that can produce satisfactory returns. Dividend payouts represent a relatively reliable source of income to investors. But not all dividends were created equal. Some have a big question mark hanging above them while some are as reliable as death and taxes. It's extremely important you know how to distinguish between more »

  • Recline and Define Your Interest in These Companies

    By Michael Ugulini - February 14, 2013 | Tickers: ETH, LZB, LEG

    Sometimes it's nice to sit back and enjoy your favorite libation while researching companies in a relaxed manner. Rash investment decisions can cause a nervous rash, and blemishes on any disposable income you have in your cash account. With that in mind, recline and define your interest in these companies.

    La-Z-Boy Incorporated (NYSE: LZB) is one of the world's leading residential furniture producers with three reportable operating segments more »

  • An Interesting Way to Play the Housing Recovery

    By Bob Ciura - February 8, 2013 | Tickers: LEG, WSO, WHR

    Most evidence suggests the housing market in the United States is continuing its steady, albeit slow, recovery from the depths of the 2008 financial crisis.  Several data points suggest the housing market is returning to a state of health.  Recently, the National Association of Realtors reported that existing home sales dropped 1.0 percent last month to a seasonally adjusted annual rate of 4.94 million units.  While the drop more »

  • They've got Legs

    By David Glenn Cox - February 6, 2013 | Tickers: LEG, DIS, YUM

    Yum Brands, corporate parent of KFC reported it expects its overseas profits to drop like a greasy drumstick in the wake of a scandal involving food safety. KFC had once been the poster child for businesses operating inside of China's complex maze of laws and diverse culture. Yum management sees no growth in established outlets, until at least the fourth quarter.

    Yum had earlier reported 6% drop in fourth more »

  • Evaluating the S&P 500 Dividend Aristocrats

    By Karin Hernandez - February 4, 2013 | Tickers: CAH, EMR, LEG, NUE, SWK

    Over the past year, I (along with many other investors) have recognized the awesome beauty of dividend stocks. Once considered the stodgy old men of the investing world, dividend-paying companies have become young and hip, and very, very attractive.

    One of the most famous lists of high-quality dividend-paying companies is the S&P 500 list of Dividend Aristocrats, defined as large-cap, blue chip companies within the S&P 500 that more »

  • 3 Ways to Play the Housing Recovery

    By Damon Churchwell - December 20, 2012 | Tickers: LEG, RPM, WHR

    Henceforth are a few stocks that may benefit in 2013 from ongoing improvements in housing metrics. With interest rates set to stay at rock-bottom levels into 2015, companies well positioned to grow earnings during a construction increase could see their bottom lines climb nicely. These are firms you may not have thought of at first, not directly related to residential building.

    1. Whirlpool Corp. (NYSE: WHR)

    Appliance makers often are more »

  • This Insider Sees Fortune Brands Going Even Higher

    By Meena Krishnamsetty - December 12, 2012 | Tickers: AMWD, ETH, FBHS, LEG, MAS

    Since Fortune Brands Home & Security (NYSE: FBHS), a provider of home furnishings and security products, became an independent publicly traded company in September 2011, the stock price has risen 126%, more or less consistently. Now, economic theory tells us that it is rational for company insiders to diversify their wealth away from the same company that is responsible for much of their income. The primary exception would be if an more »

  • 26 Companies That Raised Dividends Last Week

    By Karin Hernandez - November 14, 2012 | Tickers: T, ATO, EMR, LEG

    Since I have gotten interested (I should say, obsessed) with dividend-paying companies over the past few months, I have been reading as many articles as I can, and examining other contributors’ methods for choosing the stocks that they feel are the best. In fact, I’ve begun constructing my own model dividend portfolio, which I expect to be able to present to the Motley Fool audience soon.

    One of the more »

  • Get a LEG Up on the Market

    By AnnaLisa Kraft - November 9, 2012 | Tickers: FLXS, GPC, LEG

    Leggett & Platt (NYSE: LEG), the diversified bedspring, automotive, and industrial manufacturer, just announced it would pay its dividend early so that shareholders wouldn't see a big tax on the dividend usually paid out in January. The early Christmas present goes ex-dividend on Dec. 10, with the dividend to be paid out on Dec. 27. Leggett & Platt seems to be one of the first companies to react to an anticipated more »

  • Chieftain Capital Buys More Mattresses

    By Meena Krishnamsetty - August 9, 2012 | Tickers: LEG, MFRM, SCSS, TPX

    In the first quarter of 2012, Chieftain Capital reduced its stake in Tempur-Pedic International Inc. (NYSE: TPX) from 5.2 million shares to 3.9 million. But now the fund, managed by John Shapiro, is back in. A 13G filed with the SEC reported ownership of over 6 million shares, or over 10% of the company. Tempur-Pedic International Inc. has seen its share price fall 45% so far this year more »

  • Can Investors Trust Tempur-Pedic Again?

    By Soroush Pour - July 12, 2012 | Tickers: LEG, MFRM, ZZ, SCSS, TPX

    There are very few products that have completely revolutionized their respective markets.  Tempur-Pedic International’s (NYSE: TPX) TEMPUR memory foam is one such product.  Originally developed by NASA as an astronaut seat-cushion (as seen here) in the 1970s, the TEMPUR memory foam we’ve all come to love was introduced to commercial markets in 1991.  Touted as one of the most comfortable ways to catch some shuteye, the company's more »

  • Boring Business = Dangerous Dividend

    By Chad Henage - July 10, 2012 | Tickers: GPC, JCI, LEG | Editor's Choice

    On the surface a company like Leggett & Platt (NYSE: LEG) should be perfect. The company operates in the boring business of springs, suspensions, shelving, garment racks, and many other sleeper industries. This is exactly the type of business that I imagine Peter Lynch would like. A boring business that is expected to grow, and a dividend aristocrat to boot. There are a few numbers to this company though that I think would make Lynch stay away. Let me show you what I've found, and why I'm skeptical of the company's ability to continue their dividend streak.

  • Sleeping Easy at Night with Tempur-Pedic International?

    By Michael Russell - June 28, 2012 | Tickers: LEG, ZZ, SCSS, TPX | Editor's Choice

    Wild changes in sentiment in the stock market are nothing new, but the recent moves in Tempur-Pedic International (NYSE: TPX) have been extraordinary. In mid-April the company was making new highs at $87/share, today we stand at just over $21.50.

    The slide began in mid-April after Tempur-Pedic reported a record Q1 but it was the announcement in early June that did most of the damage. The company guided more »