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LEGG MASON INCREASES DIVIDEND

 LEGG MASON INCREASES DIVIDEND
 BALTIMORE, July 30 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM)


announced today that its board of directors has approved an increase in the regular quarterly dividend on its common stock. The new dividend is $.10 per share quarterly ($.40 per share annually), up from $.09 per share quarterly ($.36 per share annually). The next dividend is payable Oct. 19, 1992, to shareholders of record on Sept. 24, 1992.
 Legg Mason, Inc. provides securities brokerage, investment advisory, and corporate and public finance services to individuals, institutions, corporations, and municipalities. The company's investment advisory subsidiaries manage assets of $11 billion for clients.
 -0- 7/30/92
 /CONTACT: John F. Curley, Jr. of Legg Mason, 410-539-0000/
 (LM) CO: Legg Mason Inc. ST: Maryland IN: FIN SU: DIV


KD -- NY044 -- 5032 07/30/92 11:08 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 30, 1992
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