BALTIMORE, April 29, 2014 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.16 per share. This represents an increase of 23% on the dividend rate paid on shares of the Company's common stock during the prior fiscal quarter. The dividend is payable on July 14, 2014 to shareholders of record on June 17, 2014.
About Legg Mason
Legg Mason is a global asset management firm with $702 billion in assets under management as of March 31, 2014. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).
SOURCE Legg Mason