Manning & Napier (MN) Declares $0.08 Quarterly Dividend; 5.3% Yield

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Go back to Manning & Napier (MN) Declares $0.08 Quarterly Dividend; 5.3% Yield

Manning & Napier, Inc. Announces Quarterly Dividend

March 9, 2017 4:05 PM EST

FAIRPORT, N.Y., March 9, 2017 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that its Board of Directors has declared a quarterly dividend of $0.08 per share of Class A common stock.  The dividend will be paid on or about May 1, 2017 to shareholders of record as of the close of business on April 14, 2017. Decreases in assets under management and earnings in recent periods have resulted in a reduction to the Company's dividend.  The new dividend yield will be more in line with the Company's historical levels... More