5 Best March Dividend Stocks To Buy

4. Leggett & Platt, Incorporated (NYSE:LEG)

Ex-Dividend Date: March 14

Leggett & Platt, Incorporated (NYSE:LEG) specializes in the production of engineered components and products for a variety of industries, including bedding, furniture, automotive, aerospace, and consumer goods. The company has raised its dividends for the past 52 years in a row and offers a quarterly dividend of $0.46 per share. With a dividend yield of 8.83% as of March 5, LEG is one of the best dividend stocks on our list.

As of the close of Q4 2023, 24 hedge funds in Insider Monkey’s database reported having stakes in Leggett & Platt, Incorporated (NYSE:LEG), up from 19 in the previous quarter. These stakes are worth over $123.6 million. With over 1 million shares, Millennium Management was the company’s leading stakeholder in Q4.

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