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From Home Furnishing Business

Leggett & Platt Directors Approve Dividend Increase

Directors of Leggett & Platt (NYSE: LEG) have approved a dividend increase of 2 cents per share, boosting the quarterly payout to 36 cents per share.

The move represented a 5.9% increase in the dividend, and the company said it was the 46th straight year the dividend had been raised.

The new dividend is payable July 14 to stockholders of record on June 15.



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