Is This Under-the-Radar Dividend Stock a Buy?
Many income investors pick stocks that are household names. And there's nothing wrong with investing in the most well-known brands on the planet. But there are also plenty of stocks with lesser-known brands that investors should also consider buying for their portfolio.
Few consumers have ever heard of the diversified manufacturer Leggett & Platt (NYSE: LEG). However, the chances are high that they've purchased some of the products that include their components.
The company has raised its dividend for 51 consecutive years. But is Leggett & Platt's stock a buy? Let's take a look at its fundamentals and valuation to decide.
Source Fool.com
