Manning & Napier, Inc. Announces Quarterly Dividend
FAIRPORT, N.Y. -- May 7, 2013
Manning & Napier, Inc. (NYSE: MN), (“Manning & Napier” or “the Company”) today
announced that its board of directors has declared a quarterly dividend of
$0.16 per share of Class A common stock. The dividend will be paid on or about
August 1, 2013 to shareholders of record as of the close of business on July
The dividend marks the sixth quarterly dividend since the Company’s Initial
Public Offering conducted in November 2011.
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 and fixed income
portfolios as well as a range of blended asset portfolios, such as life cycle
funds, that use a mix of stocks and bonds. 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 and had 498 employees as of
March 31, 2013.
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.
Brian Schaffer, 212-279-3115 ext. 229
Manning & Napier, Inc.
Nicole Kingsley Brunner, 585-325-6880
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