Markets

Legg Mason, Inc. (LM) Ex-Dividend Date Scheduled for June 13, 2014

Legg Mason, Inc. ( LM ) will begin trading ex-dividend on June 13, 2014. A cash dividend payment of $0.16 per share is scheduled to be paid on July 14, 2014. Shareholders who purchased LM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 23.08% increase over the prior quarter. At the current stock price of $49.78, the dividend yield is 1.29%.

The previous trading day's last sale of LM was $49.78, representing a -2.3% decrease from the 52 week high of $50.95 and a 70.01% increase over the 52 week low of $29.28.

LM is a part of the Finance sector, which includes companies such as The Blackstone Group L.P. ( BX ) and Franklin Resources, Inc. ( BEN ). LM's current earnings per share, an indicator of a company's profitability, is $2.33. Zacks Investment Research reports LM's forecasted earnings growth in 2015 as 13.2%, compared to an industry average of 2.9%.

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 )
  • Madrona Domestic ETF ( FWDD ).

The top-performing ETF of this group is FWDD with an increase of 7.15% over the last 100 days. KCE has the highest percent weighting of LM at 3.27%.

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.

In This Story

KCE BEN LM BX

Other Topics

Stocks