Legg Mason increases dividend to 16c from 13c Legg Mason declared a quarterly cash dividend on the company's common stock in the amount of 16c 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 to shareholders of record on June 17.
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.