The dividend has just been raised by 5%, that’s pretty sweet 🥂
Bullish
a
Great Q1 results on both revenue and earnings. Should be worth a couple of additional bucks in share price tomorrow.
R
CARTHAGE, Mo., May 2, 2022 /PRNewswire/ --
Record 1Q sales1 of $1.32 billion, a 15% increase vs 1Q21 Record 1Q EBIT of $138 million, up $10 million vs 1Q21 Record 1Q EPS of $.66, an increase of $.02 vs 1Q21 2022 guidance unchanged: sales of $5.3–$5.6 billion; EPS of $2.70–$3.00
Diversified manufacturer Leggett & Platt reported record first quarter sales1 of $1.32 billion, a 15% increase versus first quarter last year.
g
Blew earnings out the water. Great job Management
G
Ouch what news casuing this drop after hours?
T
Nice earnings
G
Looks like a beat at $1.32B revenue and $0.66 EPS.
J
Yowza, getting a leg up today.. I've been buying when it reached a 5% fwd div yield, the cycle will take care of itself. I like a rock solid, yearly increasing, high yield div in my ERIDP port.. works for me.
J
During the recession, the dividend will most likely be cut…
J
There's a tingle down my Leg watching LEG I bought @5%fwd div yield bounce off a 52wk. low. I think folks forget they just beat E ests. in Q4, and E beats in 7 of the last 8 Q's!.. doesn't seem like a co. that should be at a yearly low..but I likes buying low..
F
What is the underlying issue here? There is an overriding problem that is not clear to me. Perhaps it is just perception and not even real. I don't own this yet and I would almost rather buy it at 37 than 35 if you know what I mean. I have been burned too many times trying to call a bottom in a market that is smarter than me. Thoughts? Have they lost a contract, or is it simply supply constraints like everyone else? Inflated input costs?
S
This boring old divvy stock just keeps churning out free shares and plugs along. I'm up 62% not counting divvies, and get a nice little injection every quarter. What's not to like?
j
Horrible one year chart. People spooked about offices - rightly so …Still … think this might be the time to begin to accumulate.
g
picked up more on Thursday for $34.00. my cost basis is now under $36.00. what a screaming buy at these levels. hopefully there will be opportunity add more at sub-35.
S
Price and yield for Leggie are becoming attractive. Looking to pick up some shares if it dips into the $20s. LEG is a reliable dividend payer and cyclical stock.
g
Where is Jibberwank?
J
Hack dividend stock that can't even keep up with inflation...headed to 30 bucks.
J
Where is Jabberwonky? Get a load of this HACK dividend stock today. Told ya!
R
What a GLORIOUS dividend king
Bullish
S
Bought here at 36.50. This stock should benefit from de-globalization and a ramp up in inventories for furniture, cars, etc. With this sort of dividend history, we should have a fairly predictable mid-term upside of 25% including dividend...
Record 1Q sales1 of $1.32 billion, a 15% increase vs 1Q21
Record 1Q EBIT of $138 million, up $10 million vs 1Q21
Record 1Q EPS of $.66, an increase of $.02 vs 1Q21
2022 guidance unchanged: sales of $5.3–$5.6 billion; EPS of $2.70–$3.00
Diversified manufacturer Leggett & Platt reported record first quarter sales1 of $1.32 billion, a 15% increase versus first quarter last year.