SEI Investments Stock To Go Ex-dividend Tomorrow (SEIC)
The ex-dividend date for SEI Investments Company (Nasdaq:SEIC) is tomorrow, December 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $16.72 as of 9:30 a.m., the dividend yield is 1.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for SEI Investments Company (Nasdaq: SEIC) is tomorrow, December 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $16.72 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for SEI Investments has been 1.1 million shares per day over the past 30 days. SEI Investments has a market cap of $2.86 billion and is part of the financial sector and financial services industry. Shares are down 29.5% year to date as of the close of trading on Wednesday. SEI Investments Co. is a publicly owned investment manager. The firm provides wealth management and investment advisory services to its clients through its subsidiaries. The company has a P/E ratio of 14.1, above the average financial services industry P/E ratio of 13.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates SEI Investments as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and feeble growth in the company's earnings per share. You can view the full SEI Investments Ratings Report. See our dividend calendar or top-yielding stocks list.