Artisan Partners Asset Management Inc.'s board of directors declared a variable quarterly dividend of $0.88 per share of Class A common stock with respect to the March 2021 quarter. The variable quarterly dividend represents approximately 80% of the cash generated in the March 2021 quarter and will be paid on May 28, 2021, to shareholders of record as of the close of business on May 14, 2021. Based on company projections and subject to change, it expect some portion of the 2021 dividend payments to constitute a return of capital for tax purposes.