Credit: Shutterstock photoLegg Mason, Inc. ( LM ) will begin trading ex-dividend on December 19, 2017. A cash dividend payment of $0.28 per share is scheduled to be paid on January 15, 2018. Shareholders who purchased LM 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 $40.91, the dividend yield is 2.74%.
The previous trading day's last sale of LM was $40.91, representing a -2.78% decrease from the 52 week high of $42.08 and a 37.7% increase over the 52 week low of $29.71.
LM is a part of the Finance sector, which includes companies such as The Blackstone Group L.P. ( BX ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). LM's current earnings per share, an indicator of a company's profitability, is $2.56. Zacks Investment Research reports LM's forecasted earnings growth in 2018 as -14.22%, compared to an industry average of 10.4%.
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:
- iShares Morningstar Small-Cap Value ETFnd ( JKL ).
The top-performing ETF of this group is JKL with an increase of 4.8% over the last 100 days. It also has the highest percent weighting of LM at 0.62%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
