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Waddell & Reed Financial Inc (WDR.N)

WDR.N on New York Stock Exchange

18.26USD
29 Jul 2016
Change (% chg)

$0.26 (+1.44%)
Prev Close
$18.00
Open
$17.96
Day's High
$18.28
Day's Low
$17.65
Volume
431,935
Avg. Vol
499,208
52-wk High
$45.75
52-wk Low
$15.70

Latest Key Developments (Source: Significant Developments)

Waddell & Reed Financial reports second quarter results
Tuesday, 26 Jul 2016 06:53am EDT 

Waddell & Reed Financial Inc : Q2 earnings per share $0.41 . Q2 adjusted earnings per share $0.59 excluding items . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . In q2 unaffiliated distribution channel experienced $3.9 billion in outflows of which asset strategy funds accounted for $2.6 billion . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Waddell & Reed Financial, inc. Reports second quarter results . Waddell & Reed Financial inc says q2 of 2016 included $24.1 million in charges related to severance, accelerated amortization of dac and project e implementation costs . As of june 30, 2016, aum declined 9% sequentially to $86 billion due mainly to outflows from institutional and unaffiliated distribution channels . Institutional channel experienced three material redemptions during quarter that accounted for $4.9 billion of $5.5 billion in total outflows .Waddell & Reed Financial inc says in q2 management fees declined 3% sequentially, while average assets under management declined 5%.  Full Article

Waddell & Reed says CEO Henry Herrmann to retire
Monday, 23 May 2016 04:30pm EDT 

Waddell & Reed Financial Inc : Philip J. Sanders named as successor to Herrmann . Herrmann, will retire as chief executive officer effective August 1, 2016 .Waddell & Reed Financial, Inc. CEO Henry J. Herrmann to retire.  Full Article

Waddell & Reed Financial Inc notifies affected employees regarding workforce reduction - Reuters News
Tuesday, 26 Apr 2016 04:40pm EDT 

Waddell & Reed Financial Inc:On April 22, 2016, company notified affected employees regarding an involuntary separation program to reduce its workforce - RTRS.Affected employees, who represent about 10 pct of co's workforce, will receive lump sum payment, accelerated vesting of restricted stock.ISP and VSO are part of cost cutting efforts to reduce operating expenses by approximately 10 pct, or $40 million from annual run-rate.Expects to record a pre-tax restructuring charge in a range of approximately $16 - 17 million in Q2 of 2016.Expects involuntary separation program, voluntary separation offering "to be substantially implemented" during Q2 2016.  Full Article

Waddell & Reed Financial Inc declares quarterly dividend
Monday, 28 Mar 2016 04:15pm EDT 

Waddell & Reed Financial Inc:Approved a quarterly dividend on its Class A common stock of $0.46 per share.Payable on May 2 to stockholders of record date as of April 18.  Full Article

Waddell & Reed Financial, Inc Increases Quarterly Dividend by 7.0 pct
Wednesday, 28 Oct 2015 04:15pm EDT 

Waddell & Reed Financial, Inc:Increases quarterly dividend by 7.0%.Says approved an increase in the quarterly dividend on its class a common stock to $0.46 per share.  Full Article

Waddell & Reed Financial, Inc. approves quarterly dividend
Tuesday, 23 Jun 2015 06:45am EDT 

Waddell & Reed Financial, Inc:Says that it has approved a quarterly dividend on its Class A common stock of $0.43 per share payable on Aug. 3, 2015 to stockholders of record as of July 13, 2015.  Full Article

Waddell & Reed Financial Inc declares quarterly dividend
Friday, 20 Mar 2015 07:00am EDT 

Waddell & Reed Financial Inc:Approved a quarterly dividend on its Class A common stock of $0.43 per share payable on May 1, to stockholders of record as of April 10.  Full Article

Waddell & Reed Financial Inc increases quarterly dividend by 26.5 pct
Thursday, 18 Dec 2014 06:59am EST 

Waddell & Reed Financial Inc:Says Board approved an increase in the quarterly dividend on its Class A common stock to $0.43 per share payable on Feb. 2, 2015 to stockholders of record as of Jan. 12, 2015.  Full Article

Waddell & Reed Financial inc declares quarterly dividend
Monday, 22 Sep 2014 06:59am EDT 

Waddell & Reed Financial Inc:Approves quarterly dividend on its class A common stock of $0.34 per share payable on Nov. 3 to stockholders of record as of Oct. 13.  Full Article