SEI Declares Dividend of $0.46 per Share

(Low)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

dividends

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

12/15/2023 - 04:10 PM EST

Company Increases Share Repurchase Program by $250 Million

OAKS, Pa., Dec. 15, 2023 /PRNewswire/ -- The Board of Directors of SEI Investments Company (NASDAQ: SEIC) on Dec. 15, 2023 declared a regular semi-annual dividend of $0.46 per share. The cash dividend will be payable to shareholders of record on Dec. 28, 2023, with a payment date of Jan. 9, 2024.

The Board of Directors of SEI Investments Company also approved an increase in its stock repurchase program by an additional $250 million, increasing the available authorization under the program to approximately $289 million.

About SEI^®SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to help drive growth, make confident decisions, and protect futures. As of Sept. 30, 2023, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.