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Leggett & Platt declares quarterly dividend

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Carthage-based Leggett & Platt on Thursday declared a third-quarter dividend of 25 cents per share.

The dividend will be paid on Oct. 15 to shareholders of record as of Sept. 15. Leggett has increased its annual dividend for 37 consecutive years, at a compound annual growth rate of about 14 percent, according to a news release.

Shares (NYSE: LEG) closed Thursday at $20.43, near the higher end of the stock’s 52-week range of $14.12 to $20.98.

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