HOUSTON, November 16, 2011 – The Edelman Financial Group Inc. (NASDAQ: EF) today announced that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.05 per share of common stock. The dividend will be payable on January 19, 2012 to common shareholders of record at the close of business on January 5, 2012.
While The Edelman Financial Group intends to declare dividends in subsequent quarters, any future dividends will be at the discretion of the Board of Directors after taking into account various factors, including general economic and business conditions, tax considerations, its strategic plans, its financial results and condition, its expansion plans, any contractual, legal or regulatory restrictions on the payment of dividends, and such other factors the Board considers relevant.
About The Edelman Financial GroupThe Edelman Financial Group is a wealth management company that manages approximately $17 billion in client assets. Client assets include the gross value of assets under management directly or via outside managers and assets held in brokerage accounts for clients by outside clearing firms. The Edelman Financial Group has approximately 530 employees in 21 states. Additional information is available at www.edelmanfinancial.com.