SEI Declares Dividend of $0.49 per Share
Rhea-AI Summary
SEI Investments Company (NASDAQ: SEIC) has announced a semi-annual dividend increase from $0.46 to $0.49 per share. The dividend was declared by the Board of Directors on December 12, 2024. Shareholders of record as of December 27, 2024, will receive the cash dividend payment on January 8, 2025. This represents a 6.5% increase from the previous semi-annual dividend.
Positive
- Dividend increased by 6.5% from $0.46 to $0.49 per share
- Demonstrates company's financial strength and commitment to shareholder returns
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SEIC declined 0.87%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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, 2024, SEI manages, advises, or administers approximately
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SOURCE SEI Investments Company