Strategic Education, Inc. (NASDAQ:STRA) will begin trading ex-dividend on September 3, 2020. The quarterly dividend payment of $ 0.60 per share is scheduled to be paid on September 14, 2020. The dividend yield based on the latest trading day closing price was 2.31 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Strategic Education, Inc. recently reported second quarter financial results on July 29, 2020, before market open, the Herndon based company unwinded income for the second quarter of $ 2.06 per share, from the revenue of $ 255.83 million. The quarterly earnings up 29.56 percent while revenues swell 6.25 percent compared with the same quarter last year.
Wall street analysts are predicting, STRA to report 2Q20 income of $ 1.69 per share from revenue of $ 246.54 million. The bottom line results beat street analysts by $ 0.37 or 21.89 percent, at the same time, top line results outshined analysts by $ 9.29 million or 3.77 percent.
Stock Performance
Shares of Strategic Education, Inc. traded up $ 0.22 or 0.21 percent on Friday, reaching $ 103.69 with volume of 183.20 thousand shares. Strategic Education, Inc. has traded high as $ 104.10 and has cracked $ 101.20 on the downward trend
According to the previous trading day, closing price of $ 103.69, representing a 3.92 % increase from the 52 week low of $ 99.57 and a 44.96 % decrease over the 52 week high of $ 187.98.
The company has a market capital of $ 2.53 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and non-degree programs in the United States. The company operates through three segments: Strayer University, Capella University, and Non-Degree Programs. It operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice for working adult students through its 74 physical campuses located in the eastern United States, as well as through online; and an executive MBA online through its Jack Welch Management Institute.
