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LEGGETT & PLATT INCREASES DIVIDEND

 CARTHAGE, Mo., Aug. 11 /PRNewswire/ -- For the second time this year, Leggett & Platt Inc. (NYSE: LEG) has increased the cash dividend rate on its common stock. The third quarter dividend will be 14 cents per share. It will be paid on Sept. 15, 1993 to shareholders of record on Aug. 27, 1993.
 Leggett's cash dividend has been increased for 22 consecutive years. The new third quarter rate of 14 cents per share is 8 percent above the 13 cents per share paid in the first two quarters of 1993 and 17 percent above the 1992 third quarter dividend of 12 cents per share. The new dividend also indicates a current annual rate of 56 cents per share. In 1992, dividends declared for the full year were 46 cents per share.
 Headquartered in Carthage, Leggett & Platt is a Fortune 500 company that specializes in manufacturing and marketing a broad line of components used by companies that make furniture and bedding for homes, offices and institutions. Leggett also makes and sells select lines of finished furniture and carpet cushioning materials for residential and commercial use. A variety of diversified non-furnishings products are also produced and sold in several different markets. Leggett & Platt's common stock is listed on The New York and Pacific Stock Exchanges.
 -0- 8/11/93
 /CONTACT: J. Richard Calhoon of Leggett & Platt, 417-358-8131/
 (LEG)


CO: Leggett & Platt Inc. ST: Missouri IN: HOU SU: DIV

BB -- DV005 -- 1607 08/11/93 10:54 EDT
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Publication:PR Newswire
Date:Aug 11, 1993
Words:244
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