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

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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