Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for March 12, 2013


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Legg Mason, Inc. ( LM ) will begin trading ex-dividend on March 12, 2013. A cash dividend payment of $0.11 per share is scheduled to be paid on April 15, 2013. Shareholders who purchased LM stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that LM has paid the same dividend.

The previous trading day's last sale of LM was $29.96, representing a -1.32% decrease from the 52 week high of $30.36 and a 33.99% 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 -$2.38. Zacks Investment Research reports LM's forecasted earnings growth in 2013 as 64.55%, compared to an industry average of 3.2%.

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 13.47% 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 Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AMP , BEN , LM , SPHB

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