MILWAUKEE--(BUSINESS WIRE)--Oct. 22, 2013--
Artisan Partners Asset Management Inc. (NYSE: APAM) today announced that
its board of directors has declared a quarterly dividend of $0.43 per
share of Class A common stock. The dividend will be paid on November 26,
2013 to shareholders of record as of the close of business on November
11, 2013.
As an investment manager, Artisan Partners is designed with a variable
expense structure that is responsive to the market and demand factors
that are difficult to anticipate from quarter to quarter. The firm’s
dividend policy, which targets the distribution of the majority of
annual adjusted earnings, is also designed to be responsive. Artisan
Partners plans to maintain a schedule of consistent quarterly dividends
subject to the discretion of its board of directors, which also expects
to consider an additional special dividend each year.
About Artisan Partners
Artisan Partners is a global investment management firm that provides a
broad range of high value-added investment strategies in growing asset
classes to sophisticated clients around the world. Since 1994, the firm
has been committed to attracting experienced, disciplined investment
professionals to manage client assets. Artisan Partners has five
autonomous investment teams that oversee thirteen distinct U.S.,
non-U.S. and global investment strategies. Each strategy is offered
through multiple investment vehicles to accommodate a broad range of
client mandates. The firm’s principal offices are located in Milwaukee,
San Francisco, Atlanta, New York and London.
Source: Artisan Partners Asset Management Inc.
Artisan Partners Asset Management Inc.
Investor Relations
Inquiries
Makela Taphorn
866.632.1770
414.908.2176
ir@artisanpartners.com
or
Press
Inquiries
Bob Batchelor
866.642.1770
pr@artisanpartners.com