FAIRPORT, N.Y., July 22,
2022 /PRNewswire/ -- Manning & Napier,
Inc. (NYSE: MN), ("Manning & Napier" or "the Company")
today announced that its Board of Directors has declared a
quarterly dividend of $0.05 per share
of Class A common stock. The dividend will be paid on or about
August 19, 2022 to shareholders of
record as of the close of business on August
5, 2022.
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, fixed income and alternative
strategies, as well as a range of blended asset portfolios,
including life cycle funds. 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 275 employees as of March 31,
2022.
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; the
impact of COVID-19 on the U.S. and global economy; a decline in the
performance of the Company's products; client sales and redemption
activity; any loss of an executive officer or key personnel;
changes in the Company's business related to strategic acquisitions
and other transactions; the Company's ability to successfully
deploy new technology platforms and upgrades; 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.
Contacts
Investor Relations
Contact
Emily Blum
Prosek Partners
973-464-5240
eblum@prosek.com
Public Relations Contact
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
nbrunner@manning-napier.com
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SOURCE Manning & Napier, Inc.
