Sales have fallen by nearly half under the COVID-19 shutdown, and the bedding and flooring company may have to cut its dividend for the first time in almost a half-century.
News & Analysis: Leggett & Platt
As the world processed the COVID-19 shutdowns, industrials like Leggett & Platt bounced off their lows.
Even the most reliable dividend stocks could struggle to pay investors this year.
If consistency and a long record of dividend hikes are important to you, this stock is a good place to start looking.
Sales are on pace to rise by double digits this year, according to what management told investors last month.
Third-quarter results were better than expected.
LEG earnings call for the period ending March 31, 2019.
These stocks helped lead Wall Street higher.
LEG earnings call for the period ending December 31, 2018.
LEG earnings call for the period ending September 30, 2018.