1.13% Nov 26, 10:45 PM
$0.64 Paid Quarterly
19.5% EPS $3.28
4 years Since 2010
17 days Dec 15, 2014

LM - Upcoming Dividend Payouts
Next Ex-Dividend Date Dec 15

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.1600 2014-10-31 2014-12-15 2014-12-17 2015-01-12 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date

LM - Dividend Yield & Stock Price History
Current Dividend Yield 1.13%

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LM - Dividend Payout History
Current Annual Payout $0.64

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Dividend payouts are split-adjusted

LM - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for LM. 43.3% 22.0% 4 years
Annual dividend amounts based on Ex-dividend date

LM - Historical Annual Dividend Data & Growth
Payouts Increasing For 4 years

Payout Amount Calendar Year Annual Growth
$0.5000 2013 22.0%
$0.4100 2012 36.7%

LM - Historical Dividend Data
Payouts Increasing For 4 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.1600 2014-10-31 2014-12-15 2014-12-17 2015-01-12 Yes Regular Quarter
$0.1600 2014-07-31 2014-10-07 2014-10-09 2014-10-27 Yes Regular Quarter
$0.1600 2014-04-29 2014-06-13 2014-06-17 2014-07-14 Yes Regular Quarter
$0.1300 2014-01-31 2014-03-11 2014-03-13 2014-04-14 Yes Regular Quarter
$0.1300 2013-10-25 2013-12-09 2013-12-11 2014-01-06 Yes Regular Quarter

Legg Mason (LM) - News

  • Before the opening bell on Friday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Before Tuesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before the opening bell on Thursday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before Wednesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • U.S. equities advanced on Tuesday, pushing the Dow Jones Industrial Average within striking distance of a record high. Also during today's session,...
  • Before Tuesday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
  • These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights Legg Mason (LM) ...
  • Legg Mason Inc Swings to Profit; Beats EPS Estimates (LM)

    Asset management company Legg Mason Inc (LM) reported net income for its most recent third quarter after taking a loss in the third quarter of 2012.  LM's Earnings in Brief
    • LM reported Q3 earnings of $81.7 million, or 67 cents per share, compared to a loss of $453.9 million, or $3.45 per share, a year ago.
    • Excluding special items, earnings were $124.6 million, or $1.03 per share, coming in well above analyst estimates of 66 cents per share.
    • Revenue increased 7% to $720.1 million from $673.9 million last year. Analysts expected to see revenue of $725.85 million.
    • Assets under management rose 5% from last year, totaling $679.5 billion.
    CEO Commentary Joseph A. Sullivan, president and CEO of Legg Mason, commented: "Legg Mason reported higher revenues, net inflows and solid earnings for the quarter as our flow picture and business mix continued to improve.  Overall investment performance remained strong and long-term flows were flat but improved, led by strong inflows at ClearBridge Investments and Brandywine Global, which offset outflows at Royce and Batterymarch.  The strengthening flow and mix picture coupled with our ongoing focus on controlling expenses positively impacted profitability and margins, a trend we have seen for the past three quarters.  During the quarter, we repurchased 2.3 million shares and will continue to look to prudently return capital to shareholders even as we focus on growing our franchise.  As another sign of our momentum, we saw strong investor demand for our recently completed senior notes offering, allowing us to lock in long-term debt capital at current historically low rates." LM's Dividend LM's board has declared its next quarterly dividend of 13 cents. The dividend will be paid on April 14 to shareholders of record on March 13. This dividend payout remains unchanged from the company's previous dividend that was paid on January 6. Stock Performance  Legg Mason shares were up 70 cents, or 1.62%, during pre-market trading Friday.

    The Bottom Line

    Shares of Legg Mason Inc (LM) have a 1.20% yield, based on Thursday's closing price of $43.30. Legg Mason Inc (LM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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