New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2021, it offered educational programs, services, and products to students through a network of 122 schools, 1,547 learning centers, and 11 bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.
New Oriental Education & Technology Dividend Announcement
• New Oriental Education & Technology announced a annually dividend of $0.58 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-09
• New Oriental Education & Technology annual dividend for 2024 was $0.58
• New Oriental Education & Technology's trailing twelve-month (TTM) dividend yield is 0.99%
New Oriental Education & Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-09 | $0.58 | annually | 2024-09-23 |
| 2017-09-01 | $0.45 | annually | 2017-10-06 |
| 2015-10-05 | $0.40 | annually | 2015-10-07 |
| 2015-09-02 | $0.40 | annually | 2015-10-07 |
| 2013-09-04 | $0.35 | annually | 2013-10-07 |
| 2012-08-29 | $0.30 | annually | 2012-09-29 |
New Oriental Education & Technology Dividend per year
New Oriental Education & Technology Dividend Yield
New Oriental Education & Technology current trailing twelve-month (TTM) dividend yield is 0.99%. Interested in purchasing New Oriental Education & Technology stock? Use our calculator to estimate your expected dividend yield:
New Oriental Education & Technology Financial Ratios
New Oriental Education & Technology Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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