Perdoceo Education Corporation (NASDAQ:PRDO) Announces Dividend Increase – $0.17 Per Share

Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) announced a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.17 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 13.3% increase from Perdoceo Education’s previous quarterly dividend of $0.15.

Perdoceo Education has a dividend payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Perdoceo Education to earn $3.34 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 18.0%.

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Perdoceo Education Stock Performance

Shares of Perdoceo Education stock traded up $1.53 during trading hours on Friday, reaching $33.98. The company’s stock had a trading volume of 456,988 shares, compared to its average volume of 643,184. Perdoceo Education has a one year low of $26.66 and a one year high of $38.50. The stock has a market cap of $2.13 billion, a P/E ratio of 13.07, a price-to-earnings-growth ratio of 0.71 and a beta of 0.71. The company’s 50 day simple moving average is $33.12 and its 200 day simple moving average is $33.73.

Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The firm had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. During the same period in the prior year, the firm posted $0.67 earnings per share. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, sell-side analysts predict that Perdoceo Education will post 3.11 earnings per share for the current fiscal year.

About Perdoceo Education

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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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