SEI Investments As of May 18, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
SEIC $0.80 0.0% 8.1% 5.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Investment Management 1.5% 31 7.4% Semi-An 1990
SEI Investments hikes dividend by 8.1%

SEI Investments (SEIC) will raise its semi-annual dividend by 8.1 percent to 40 cents per share. This follows a dividend hike of 5.7 percent to 37 cents per share in 2020. This marks the 31st consective year of dividend increases by the investment management company.

The next SEIC cash dividend will be payable to shareholders of record on Dec. 21, 2021, with a payment date of Jan. 7, 2022. A new annualized dividend rate of 80 cents per share yields 1.4% at a stock price of $60.66. The Board of Directors of SEI Investments Company also approved an increase in its stock repurchase program by an additional $200 million, increasing the available authorization under the program to approximately $261 million.

SEI Investments Company provides investment processing, investment management and investment operations solutions. The company’s clients include corporations, financial institutions, financial advisors, and ultra-high-net-worth families. The company's business platforms include: Investment processing outsourcing platforms for providers of institutional and private-client wealth management services, including banks, trust companies, independent wealth advisers and other financial services firms; Investment management platforms for institutional investors, including retirement plan sponsors, not-for-profit organizations and affluent individual investors; and Investment operations outsourcing platforms for investment management firms, banks, family offices and investment companies that sponsor and distribute mutual funds, hedge funds and alternative investments. SEI began doing business in 1968 and became a public company in 1981. The company serves clients in the United States, Canada, the United Kingdom, continental Europe, South Africa and East Asia.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
May 25 XYL 1.5% 7.1%
May 25 AMAT 0.9% 8.3%
May 25 DFS 1.9% 0.0%
May 26 FTV 0.5% 0.0%
May 26 IP 3.8% 0.0%
May 26 HII 2.3% 0.0%
May 26 HLT 0.5% 0.0%
May 26 MAS 2.1% 19.1%
May 26 SPGI 1.0% 10.4%
May 26 FBHS 1.7% 0.0%