Form 8-K Manning & Napier, Inc. For: Apr 27

Go back to Form 8-K Manning & Napier, Inc. For: Apr 27

Manning & Napier (MN) Declares $0.16 Quarterly Dividend; 7.6% Yield

April 27, 2016 4:54 PM EDT

Manning & Napier (NYSE: MN) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on August 1, 2016, to stockholders of record on July 15, 2016, with an ex-dividend date of July 13, 2016.

The annual yield on the dividend is 7.6 percent.

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Manning & Napier (MN) Tops Q1 EPS by 1c

April 27, 2016 4:53 PM EDT

Manning & Napier (NYSE: MN) reported Q1 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $64.5 million versus the consensus estimate of $66.07 million.

Assets under management ("AUM") at March 31, 2016 were $34.7 billion, compared with $35.4 billion at December 31, 2015

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