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FAQ

  • On April 30, 2001, our Class B common stock closed at a price of $30.43 and we combined our Class A and Class B common stock on a one-for-one basis
  • Waddell & Reed Financial, Inc. maintains a dividend reinvestment plan for all holders of its common stock. Under the plan, stockholders may reinvest all or part of their dividends in additional shares of the same class of common stock they hold. Participation is entirely voluntary. More information on the plan can be obtained by contacting the Investor Relations department at (913) 236-1880 or the Transfer Agent at (877) 498-8861.
  • For information regarding the company or recent earnings and press releases, please contact our Investor Relations department at 800-532-2757 or 913-236-1880.
  • For information regarding an Advisors Funds, Ivy Funds or Target Funds account please contact our mutual fund client services division at 888-WADDELL (923-3355).
  • Waddell & Reed Financial, Inc.'s initial public offering of Class A common stock began trading on March 5, 1998. The Class B common stock began trading on November 6, 1998 following the tax-free spin off of Waddell & Reed Financial, Inc. from its former parent company, Torchmark Corporation. Class A and Class B common stock were combined as of the close of business on April 30, 2001.
  • Waddell & Reed Financial, Inc. Class A common stock is traded under the ticker symbol of WDR on the New York Stock Exchange.
  • For each share of Torchmark Corporation held on October 23, 1998 the stockholder received .0569 shares of Waddell & Reed Class A common stock and .2449 shares of Class B common stock. The original Torchmark tax basis should be allocated as follows:

    Torchmark common stock 86.19%

    Waddell & Reed Financial, Inc. common stock

    Class A 2.61%

    Class B 11.20%

    Please consult your tax advisor to determine the tax basis in Torchmark common shares to be allocated.
  • Yes, Waddell & Reed Financial, Inc Class A common stock and Class B common stock split 3-for-2 on April 7, 2000.
  • Yes. Waddell & Reed has been paying a quarterly cash dividend since it’s initial public offering in 1998. For a complete history of dividend payment, please visit the “Dividend/Split History” section of our website.
  • For information regarding your specific stock certificates and dividend payments please contact our transfer agent, Computershare at 877-498-8861.
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