BALTIMORE, April 23, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock in the amount of $0.13 per share. This represents an 18% increase in its quarterly dividend. The dividend is payable on July 8, 2013 to shareholders of record on June 11, 2013. About Legg MasonLegg Mason is a global asset management firm with $665 billion in assets under management as of March 31, 2013. The Company provides active asset management in many 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.