Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) declared a quarterly dividend on Thursday, February 19th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.15 per share on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, March 2nd.
Perdoceo Education has a dividend payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Perdoceo Education to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 23.1%.
Perdoceo Education Trading Up 0.1%
Shares of Perdoceo Education stock traded up $0.03 during trading on Friday, reaching $33.35. 630,690 shares of the stock were exchanged, compared to its average volume of 519,430. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average is $31.38 and its 200 day moving average is $32.17. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 0.73 and a beta of 0.90. Perdoceo Education has a 1 year low of $23.87 and a 1 year high of $38.02.
Perdoceo Education Company Profile
Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.
With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.
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