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Legg Mason (Legg Mason) 3-Year Dividend Growth Rate : 32.90% (As of Jun. 2020)


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What is Legg Mason 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Legg Mason's 3-Year Dividend Growth Rate or its related term are showing as below:

LM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 18   Med: 27   Max: 48.8
Current: 32.9

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.

LM's 3-Year Dividend Growth Rate is not ranked
in the Asset Management industry.
Industry Median: 1.7 vs LM: 32.90

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Legg Mason's Dividend Payout Ratio for the three months ended in Jun. 2020 was 0.74. As of today, Legg Mason's Dividend Yield % is 3.20%.

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


Competitive Comparison of Legg Mason's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Legg Mason's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Legg Mason's 3-Year Dividend Growth Rate falls into.



Legg Mason 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Legg Mason  (NYSE:LM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Legg Mason's Dividend Payout Ratio for the quarter that ended in Jun. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2020 )/ EPS without NRI (Q: Jun. 2020 )
=0.4/ 0.54
=0.74

During the past 13 years, the highest Dividend Payout Ratio of Legg Mason was 0.57. The lowest was 0.10. And the median was 0.24.

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

During the past 13 years, the highest Dividend Yield of Legg Mason was 5.35%. The lowest was 0.12%. And the median was 1.49%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Legg Mason 3-Year Dividend Growth Rate Related Terms>


Legg Mason (Legg Mason) Business Description

Traded in Other Exchanges
N/A
Address
100 International Drive, Baltimore, MD, USA, 21202-1099
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.