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Is This Under-the-Radar Dividend Stock a Buy?

Few consumers have ever heard of the diversified manufacturer Leggett & Platt (NYSE: LEG). Leggett & Platt manufactures products ranging from mattress springs and adjustable beds, to automotive comfort and convenience systems, to furniture and flooring products. Leggett & Platt generated $1.33 billion in total sales for the quarter, which was a second-quarter record.