Legg Mason (Legg Mason) Forward Dividend Yield % : 3.20% (As of Apr. 26, 2024)

View and export this data going back to 1983. Start your Free Trial

What is Legg Mason Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Legg Mason is 3.20%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Legg Mason is 3.20%.

LM's Forward Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.88 vs LM: 3.20

Legg Mason's Dividends per Share for the three months ended in Jun. 2020 was $0.40.

During the past 12 months, Legg Mason's average Dividends Per Share Growth Rate was 15.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 32.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Legg Mason was 48.80% per year. The lowest was 18.00% per year. And the median was 27.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Legg Mason's Forward Dividend Yield %

For the Asset Management subindustry, Legg Mason's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Legg Mason's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Legg Mason's Forward Dividend Yield % falls into.

Legg Mason Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Legg Mason (NYSE:LM) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Legg Mason Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Legg Mason's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Legg Mason (Legg Mason) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legg Mason Inc (NYSE:LM) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 International Drive, Baltimore, MD, USA, 21202-1099

Website

https://www.leggmason.com

Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.