Leggett & Platt Inc.'s board of directors declared a dividend of 38 cents per share for the second quarter, up 5.6% from the dividend declared in the same period last year.

The U.S. furniture maker will pay the dividend July 13 to shareholders of record as of June 15.

The company also ratified the appointment of PricewaterhouseCoopers as its independent auditor for 2018.