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Waddell & Reed Financial, Inc. Declares Quarterly Dividend

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Rhea-AI Summary

The Board of Directors of Waddell & Reed Financial approved a quarterly dividend of $0.25 per share, payable on April 30, 2021. Stockholders of record as of April 9, 2021 will receive this dividend, reinforcing the company’s strategy to return value to shareholders. Waddell & Reed has provided investment management and wealth management services since 1937, operating under the IVY INVESTMENTS® brand and serving various client channels.

Positive
  • Approval of a quarterly dividend of $0.25 per share for shareholders.
  • Continued commitment to returning value to investors.
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 April 30, 2021 to stockholders of record as of April 9, 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.

FAQ

What is the dividend amount declared by WDR?

Waddell & Reed Financial declared a dividend of $0.25 per share.

When will the dividend be paid to WDR shareholders?

The dividend will be paid on April 30, 2021.

What is the record date for the WDR dividend?

The record date for the dividend is April 9, 2021.

Does Waddell & Reed have a history of paying dividends?

Yes, Waddell & Reed has a history of returning value to shareholders through dividends.

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