Legg Mason (LM) Raises Quarterly Dividend 10% to $0.22; 2.6% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/5/2026

1. SPY
2. NVDA
3. PTC
4. META
5. PCVX
6. USO
7. MSFT
8. AMD
9. ATH
10. KLC

Go back to Legg Mason (LM) Raises Quarterly Dividend 10% to $0.22; 2.6% Yield

Legg Mason Reports Results For Fourth Fiscal Quarter And Fiscal Year-End 2016

April 29, 2016 6:58 AM EDT

BALTIMORE, April 29, 2016 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) today reported its operating results for the fourth fiscal quarter and fiscal year ended March 31, 2016.  The Company reported a net loss1 of $45.3 million, or $0.43 per diluted share, as compared to a net loss of $138.6 million, or $1.31 per diluted share, in the previous quarter, and net income of $83.0 million, or $0.73 per diluted share, in the fourth quarter of fiscal 2015.  The current quarter's results included acquisition and transition-related costs of $49.1 million, or $0.29 per diluted share, and a compensation charge related to the Royce management... More