This Aristocrat Yields 5% and Has Increased Dividends For 40 Years
by | Posted 8.12.2012 | Post Comment (No Comments)

For 40 consecutive years Leggett & Platt, Incorporated (LEG) has not missed a dividend increase. August 8th the company continued its streak by increasing its quarterly divided 3.6% to $0.29 per share. The dividend is payable October 15, 2012 to shareholders of record on September 14, 2012. The yield based on the new payout is 5.0%.

Below are several other companies increasing their cash dividends during the last week:

Briggs & Stratton Corporation (BGG) designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment worldwide. August 8th the company increased its quarterly dividend 9% to $0.12 per share. The dividend is payable October 1, 2012 to shareholders of record at the close of business August 20, 2012. The yield based on the new payout is 2.9%.

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