OVERLAND PARK, Kan., Sept. 15 /PRNewswire-FirstCall/ --
The Board of Directors of Waddell & Reed Financial, Inc. (NYSE:WDR) approved a quarterly dividend on its Class A common stock of $0.19 per share payable on November 3, 2008 to stockholders of record as of October 3, 2008.
Waddell & Reed Financial, Inc. will announce third quarter 2008 earnings before trading begins on the New York Stock Exchange, Tuesday, October 28, 2008. Henry J. Herrmann, chief executive officer, will host a conference call on October 28th at 10:00 a.m. Eastern. To listen to this call live on the internet, visit our Web site at http://www.waddell.com/. A replay will be available on our Web site beginning October 28th at approximately 1:00 p.m. Eastern, until 11:59 p.m. Eastern, November 4th.
About the Company
Waddell & Reed, Inc., founded in 1937, is one of the oldest mutual fund complexes in the United States, having introduced the Waddell & Reed Advisors Group of Mutual Funds in 1940. Today, we distribute our investment products through the Waddell & Reed Advisors channel (our network of financial advisors), our Wholesale channel (encompassing broker/dealer, retirement, registered investment advisors as well as the activities of our Legend subsidiary), and our Institutional channel (including defined benefit plans, pension plans and endowments, as well as the activities of ACF and our subadvisory partnerships).
Through its subsidiaries, Waddell & Reed Financial, Inc. provides investment management and financial planning services to clients throughout the United States. Waddell & Reed Investment Management Company serves as investment advisor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios and Waddell & Reed InvestEd Portfolios, Inc., while Ivy Investment Management Company serves as investment advisor to Ivy Funds, Inc. and the Ivy Funds portfolios. Waddell & Reed, Inc. serves as principal underwriter and distributor to the Waddell & Reed Advisors Group of Mutual Funds, Ivy Funds Variable Insurance Portfolios and Waddell & Reed InvestEd Portfolios, Inc., while Ivy Funds Distributor, Inc. serves as principal underwriter and distributor to Ivy Funds, Inc. and the Ivy Funds portfolios.
DATASOURCE: Waddell & Reed Financial, Inc.
CONTACT: Nicole McIntosh, Director of Investor Relations of Waddell &
Reed Financial, Inc., +1-913-236-1880
Web site: http://www.waddell.com/