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 February 1, 2019 to stockholders of record as of January 11, 2019.

Waddell & Reed Financial, Inc. will announce fourth quarter 2018 earnings before trading begins on the New York Stock Exchange, Tuesday, February 5, 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 financial planning services to clients throughout the United States since 1937. Today, we distribute our investment products through the unaffiliated channel (encompassing broker/dealer, retirement, and registered investment advisors), our broker-dealer channel (through independent financial advisors), and our Institutional channel (including defined benefit plans, pension plans, endowments and subadvisory relationships). For more information, visit ir.waddell.com.

Waddell & Reed Financial, Inc.Mike Daley, 913-236-1795Vice President, Corporate Controller & Investor Relations

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