Waddell & Reed Financial, Inc. (WDR) Raises Quarterly Dividend 25% to $0.25; 4.2% Yield

Waddell & Reed Financial, Inc. (NYSE: WDR) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 25% increase from the prior dividend of $0.20.

The dividend will be payable on February 1, 2012, to stockholders of record on January 3, 2012, with an ex-dividend date of December 29, 2011.

The annual yield on the dividend is 4.2 percent.

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