Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for June 13, 2014

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Legg Mason, Inc. ( LM ) will begin trading ex-dividend on June 13, 2014. A cash dividend payment of $0.16 per share is scheduled to be paid on July 14, 2014. Shareholders who purchased LM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 23.08% increase over the prior quarter. At the current stock price of $49.78, the dividend yield is 1.29%.

The previous trading day's last sale of LM was $49.78, representing a -2.3% decrease from the 52 week high of $50.95 and a 70.01% increase over the 52 week low of $29.28.

LM is a part of the Finance sector, which includes companies such as The Blackstone Group L.P. ( BX ) and Franklin Resources, Inc. ( BEN ). LM's current earnings per share, an indicator of a company's profitability, is $2.33. Zacks Investment Research reports LM's forecasted earnings growth in 2015 as 13.2%, compared to an industry average of 2.9%.

For more information on the declaration, record and payment dates, visit the LM Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to LM through an Exchange Traded Fund [ETF]?
The following ETF(s) have LM as a top-10 holding:

  • SPDR S&P Capital Markets ETF ( KCE )
  • Madrona Domestic ETF ( FWDD ).

The top-performing ETF of this group is FWDD with an increase of 7.15% over the last 100 days. KCE has the highest percent weighting of LM at 3.27%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: LM , BX , BEN , KCE , FWDD

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