Waddell & Reed Financial, Inc. Declares Quarterly Dividend and Announces Date of Fourth Quarter Earnings Release

Rhea-AI Summary

Waddell & Reed Financial (NYSE: WDR) has declared a quarterly dividend of $0.25 per share on its Class A common stock, set to be paid on February 1, 2021 to stockholders recorded by January 11, 2021. Additionally, the company will release its fourth quarter 2020 earnings before market open on February 2, 2021. Established in 1937, Waddell & Reed offers investment and wealth management services, distributing products through various channels including IVY INVESTMENTS®.

Positive

• Quarterly dividend of $0.25 per share approved.
• Upcoming earnings announcement on February 2, 2021, may provide positive insights.

Negative

• None.

The Board of Directors of Waddell & Reed Financial, Inc. (NYSE: WDR) approved a quarterly dividend on its Class A common stock of $0.25 per share payable on February 1, 2021 to stockholders of record as of January 11, 2021.

Waddell & Reed Financial, Inc. will announce fourth quarter 2020 earnings before trading begins on the New York Stock Exchange, Tuesday, February 2, 2021.

About the Company

Through its subsidiaries, Waddell & Reed Financial, Inc. has provided investment management and wealth management services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel under the IVY INVESTMENTS® brand (encompassing broker/dealer, retirement, and registered investment advisors), our wealth management channel (through independent financial advisors associated with WADDELL & REED, INC.), and our institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit ir.waddell.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201221005025/en/

FAQ

What is the dividend declared by Waddell & Reed Financial for Q4 2020?

Waddell & Reed Financial declared a quarterly dividend of $0.25 per share on its Class A common stock.

When will Waddell & Reed announce its fourth quarter 2020 earnings?

Waddell & Reed will announce its fourth quarter 2020 earnings on February 2, 2021.

Who are the stockholders eligible for the dividend from Waddell & Reed?

Stockholders of record as of January 11, 2021, are eligible for the dividend.

When will the dividend be paid to Waddell & Reed stockholders?

The dividend will be paid on February 1, 2021.