SEI Investments Announces Dividend Hike: Is It Sustainable?

Key Takeaways SEI Investments raised its dividend to $0.52 per share, up 6.1%, continuing 24 years of consistent hikes.The board added $600M to SEIC's buyback program, lifting total authorization to $773.2M.SEIC holds $792.8M in cash against $43.8M in debt, supporting sustained capital returns.SEI Investments Company’s (SEIC) board of directors has announced a semi-annual cash dividend of 52 cents per share, representing an increase of 6.1% from the prior payout. The dividend will be paid out on Jan. 12, 20 ...