In 2007, Leggett & Platt, a furniture manufacturer, experienced a significant drop in earnings per share to

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In 2007, Leggett & Platt, a furniture manufacturer, experienced a significant drop in earnings per share to $0.28 from $1.57 in the preceding year. Despite the decline in earnings per share, the firm boosted its dividends per share from $0.67 to $0.78. P-698

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