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Manning & Napier, Inc. Announces Quarterly Dividend

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Manning & Napier, Inc. (NYSE: MN) has declared a quarterly dividend of $0.05 per share, payable on August 16, 2021. This dividend benefits shareholders of record as of the close of business on August 2, 2021. Established in 1970, Manning & Napier offers diverse investment solutions including managed accounts and mutual funds catering to a range of clients, from individuals to institutions. This dividend announcement underscores the company's commitment to returning value to shareholders while maintaining robust investment strategies.

Positive
  • Quarterly dividend of $0.05 per share announced.
  • Dividend payment date set for August 16, 2021.
  • Demonstrates commitment to shareholder returns.
Negative
  • None.

FAIRPORT, N.Y., July 22, 2021 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that its Board of Directors has declared a quarterly dividend of $0.05 per share of Class A common stock. The dividend will be paid on or about August 16, 2021 to shareholders of record as of the close of business on August 2, 2021.

About Manning & Napier, Inc.
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, including life cycle funds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY.

Safe Harbor Statement
This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company's current views with respect to, among other things, its operations and financial performance. Words like "believes," "expects," "may," "estimates," "will," "should," "intends," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company's actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; a decline in the performance of the Company's products; client sales and redemption activity; changes of government policy or regulations; and other risks discussed from time to time in the Company's filings with the Securities and Exchange Commission.

Contacts
Investor Relations Contact
Emily Blum
Prosek Partners
973-464-5240
eblum@prosek.com

Public Relations Contact
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
nbrunner@manning-napier.com

Cision View original content:https://www.prnewswire.com/news-releases/manning--napier-inc-announces-quarterly-dividend-301339780.html

SOURCE Manning & Napier, Inc.

FAQ

What is the dividend amount for Manning & Napier's Class A common stock?

The dividend amount is $0.05 per share.

When will Manning & Napier's dividend be paid?

The dividend will be paid on August 16, 2021.

Who qualifies for the Manning & Napier dividend?

Shareholders of record as of the close of business on August 2, 2021, will qualify.

How often does Manning & Napier declare dividends?

Manning & Napier typically declares dividends quarterly.

What is the significance of the dividend announcement for MN shareholders?

It signals the company's commitment to providing returns and maintaining shareholder value.

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