Legg Mason announce acceleration of quarterly dividend Legg Mason announced that its board approved an amendment to the payment date for the company's quarterly cash dividend on its common stock in the amount of 11c per share. The dividend was previously declared by the company on October 26. The dividend will now be payable on December 28, rather than the previously announced payment date of January 7, 2013. No changes have been made to the record date, December 12, or amount of this previously declared quarterly cash dividend.
Legg Mason reports preliminary December assets under management of $709.1B Legg Mason reported preliminary assets under management of $709.1B as of December 31, 2014. This month's AUM included preliminary long-term inflows of $1.7B, reflecting fixed income inflows of $3.0B which were partially offset by equity outflows of $1.3B. Liquidity inflows were $3.8B December AUM included a negative foreign exchange impact of $2.0B.