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Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for October 01, 2013
By: NASDAQ.com News
Legg Mason, Inc. ( LM ) will begin trading ex-dividend on October 01, 2013. A cash dividend payment of $0.13 per share is scheduled to be paid on October 21, 2013. Shareholders who purchased LM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 18.18% increase over the same period a year ago. At the current stock price of $33.89, the dividend yield is 1.53%.
The previous trading day's last sale of LM was $33.89, representing a -8.52% decrease from the 52 week high of $37.05 and a 41.92% increase over the 52 week low of $23.88.
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 -$2.24. Zacks Investment Research reports LM's forecasted earnings growth in 2014 as 29.31%, compared to an industry average of 8.6%.