SEI Declares $0.15 per Share Dividend; $100M Increase in Stock Repurchase Program - SEI Inv (NASDAQ:SEIC)

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The Board of Directors of SEI Investments Company (NASDAQ: SEIC) today declared a dividend of $0.15 (fifteen cents) per share. The cash dividend will be payable to shareholders of record on December 28, 2011 with a payment date of January 6, 2012. In addition, SEI's Board of Directors approved an increase in its stock repurchase program by an additional $100 million. Since the beginning of calendar year 2011, the Company repurchased approximately 10.5 million shares at a cost of approximately $201 million.

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