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Legg Mason (Legg Mason) 5-Year Yield-on-Cost % : 9.84 (As of Apr. 26, 2024)


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What is Legg Mason 5-Year Yield-on-Cost %?

Legg Mason's yield on cost for the quarter that ended in Jun. 2020 was 9.84.


The historical rank and industry rank for Legg Mason's 5-Year Yield-on-Cost % or its related term are showing as below:

LM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.37   Med: 4.58   Max: 16.46
Current: 9.84


During the past 13 years, Legg Mason's highest Yield on Cost was 16.46. The lowest was 0.37. And the median was 4.58.


LM's 5-Year Yield-on-Cost % is not ranked
in the Asset Management industry.
Industry Median: 6.005 vs LM: 9.84

Competitive Comparison of Legg Mason's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Legg Mason's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Legg Mason's 5-Year Yield-on-Cost % falls into.



Legg Mason 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Legg Mason is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Legg Mason  (NYSE:LM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Legg Mason 5-Year Yield-on-Cost % Related Terms

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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.

Legg Mason (Legg Mason) Headlines

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