SEI Investments Co. (SEIC) said its Board of Directors declared a regular semi-annual dividend of $.20 per share, a 25% increase compared to its last regular semi-annual dividend. The cash dividend will be payable to shareholders of record on June 17, 2013, with a payment date of June 25, 2013.
In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100 million, increasing the available authorization under the program to approximately $139 million.
For comments and feedback: editorial@rttnews.com