Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for December 09, 2013


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Legg Mason, Inc. ( LM ) will begin trading ex-dividend on December 09, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on January 06, 2014. Shareholders who purchased LM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LM has paid the same dividend. At the current stock price of $38.49, the dividend yield is 1.35%.

The previous trading day's last sale of LM was $38.49, representing a -5.34% decrease from the 52 week high of $40.66 and a 54.52% increase over the 52 week low of $24.91.

LM is a part of the Finance sector, which includes companies such as Franklin Resources, Inc. ( BEN ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). LM's current earnings per share, an indicator of a company's profitability, is -$2.14. Zacks Investment Research reports LM's forecasted earnings growth in 2014 as 28.16%, compared to an industry average of 10%.

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 )
  • Guggenheim S&P 500 Equal Weight Financials ETF ( RYF )
  • TrimTabs Float Shrink ETF ( TTFS ).

The top-performing ETF of this group is KCE with an increase of 12.42% over the last 100 days. It also has the highest percent weighting of LM at 3.07%.

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

This article appears in: News Headlines Stocks
Referenced Stocks: AMP , BEN , KCE , LM , RYF , TTFS

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