BALTIMORE, Jan. 27 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock in the amount of $0.24 per share. The dividend is payable on April 13, 2009 to shareholders of record at the close of business on March 12, 2009.

About Legg Mason

Legg Mason is a global asset management firm, with $842 billion in assets under management at September 30, 2008. The Company provides active asset management in major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

SOURCE Legg Mason, Inc.