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

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 November 1, 2019 to stockholders of record as of October 11, 2019.

Waddell & Reed Financial, Inc. will announce third quarter 2019 earnings before trading begins on the New York Stock Exchange, Tuesday, October 29, 2019, followed by a conference call at 10:00 a.m. Eastern. To listen to this call live on the internet, visit our website at ir.waddell.com. A replay will be made available shortly after the conclusion of the call and accessible for seven days.

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.

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Mike Daley Vice President, Chief Accounting Officer & Investor Relations [phone]