Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for December 10, 2012

By NASDAQ.com News,  December 06, 2012, 09:00:03 AM EDT

Legg Mason, Inc. ( LM ) has announced an ex-dividend date of December 10, 2012 and a cash dividend payment of $0.11 per share scheduled for January 07, 2013. 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 $25.6, the dividend yield is 1.72%.

The previous trading day's last sale of LM was $25.6, representing a -13.18% decrease from the 52 week high of $29.49 and a 14.49% increase over the 52 week low of $22.36.

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 $1.27. Zacks Investment Research reports LM's forecasted earnings growth in 2013 as 1.9%, compared to an industry average of -.3%.

For more information on the declaration, record and payment dates, visit the LM Dividend History page.

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

  • PowerShares S&P 500 High Beta Portfolio ( SPHB ).

The top-performing ETF of this group is SPHB with an increase of 14.34% over the last 100 days. It also has the highest percent weighting of LM at 1.21%.




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: AMP, BEN, LM, SPHB



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