SEI Increases Dividend to $.12 per Share; Increase Stock Repurchase Program by $100M

The Board of Directors of SEI Investments Company SEIC today declared an increased dividend of $.12 (twelve cents) per share. The cash dividend will be payable to shareholders of record on June 20, 2011, with a payment date of June 28, 2011. In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100 million.