Strategic Education, Inc. (NASDAQ:STRA) will begin trading ex-dividend on November 27, 2020. The quarterly dividend payment of $ 0.60 per share is scheduled to be paid on December 7, 2020. The dividend yield based on the latest trading day closing price was 2.71 percent. Shareholders who purchased STRA shares prior to the ex-dividend date are eligible for the cash dividend payment.
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 outlined income for the second quarter of $ 2.06 per share, from the revenue of $ 255.83 million. The quarterly earnings boosted 29.56 percent while revenues developed 6.25 percent compared with the same quarter last year.
Street analysts expected Strategic Education, Inc. recently reported second quarter financial results on July 29, 2020, before market open, the Herndon based company to report income of $ 1.69 per share on revenue of $ 246.54 million for the second quarter. 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 low $ -0.16 or -0.18 percent on Thursday, reaching $ 88.42 with volume of 97.50 thousand shares. Strategic Education, Inc. has traded high as $ 89.24 and has cracked $ 87.27 on the downward trend
According to the previous trading day, closing price of $ 88.42, representing a 8.25 % increase from the 52 week low of $ 81.83 and a 52.88 % decrease over the 52 week high of $ 187.98.
The company has a market capital of $ 2.16 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.
