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Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates in two segments, Colorado Technical University and American InterContinental University. It offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice, as well as business studies, information technologies, education, and health sciences. The company also operates intellipath, a personalized learning platform; and a mobile application and two-way messaging platform. As of December 31, 2021, it had a total student enrollment of approximately 40,400 students. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is based in Schaumburg, Illinois.

Perdoceo Education Dividend Announcement

• Perdoceo Education announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
• Perdoceo Education annual dividend for 2024 was $0.35
• Perdoceo Education annual dividend for 2023 was $0.22
• Perdoceo Education's trailing twelve-month (TTM) dividend yield is 2.15%
• Perdoceo Education's payout ratio for the trailing twelve months (TTM) is 21.29%

Perdoceo Education Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.13quarterly2024-09-13
2024-05-31$0.11quarterly2024-06-15
2024-02-29$0.11quarterly2024-03-15
2023-11-30$0.11quarterly2023-12-15
2023-08-31$0.11quarterly2023-09-15

Perdoceo Education Dividend per year

Perdoceo Education Dividend Yield

Perdoceo Education current trailing twelve-month (TTM) dividend yield is 2.15%. Interested in purchasing Perdoceo Education stock? Use our calculator to estimate your expected dividend yield:

Perdoceo Education Financial Ratios

P/E ratio10.27
PEG ratio3.22
P/B ratio1.56
ROE15.87%
Payout ratio21.29%
Current ratio5.43
Quick ratio5.40
Cash Ratio0.96

Perdoceo Education Dividend FAQ

Does Perdoceo Education stock pay dividends?
Perdoceo Education does not currently pay dividends to its shareholders.
Has Perdoceo Education ever paid a dividend?
No, Perdoceo Education has no a history of paying dividends to its shareholders. Perdoceo Education is not known for its dividend payments.
Why doesn't Perdoceo Education pay dividends?
There are several potential reasons why Perdoceo Education would choose not to pay dividends to their shareholders:

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.
Will Perdoceo Education ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Perdoceo Education has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Perdoceo Education a dividend aristocrat?
Perdoceo Education is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Perdoceo Education a dividend king?
Perdoceo Education is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Perdoceo Education a dividend stock?
No, Perdoceo Education is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Perdoceo Education stocks?
To buy Perdoceo Education you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Perdoceo Education stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.