Perdoceo Education Corporation (PRDO) to Issue Quarterly Dividend of $0.15 on June 12th

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 1st will be paid a dividend of 0.15 per share on Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st.

Perdoceo Education has a payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Perdoceo Education to earn $3.27 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 18.3%.

Perdoceo Education Trading Up 4.6%

NASDAQ PRDO traded up $1.60 on Friday, hitting $36.04. 683,061 shares of the stock were exchanged, compared to its average volume of 583,742. The company’s 50-day moving average price is $35.23 and its two-hundred day moving average price is $32.49. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. Perdoceo Education has a 52-week low of $26.66 and a 52-week high of $38.50. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 0.75 and a beta of 0.73.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The company had revenue of $221.74 million during the quarter, compared to analyst estimates of $218.40 million. During the same quarter in the prior year, the company earned $0.70 earnings per share. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. Research analysts predict that Perdoceo Education will post 3.05 EPS for the current year.

About Perdoceo Education

(Get Free Report)

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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Dividend History for Perdoceo Education (NASDAQ:PRDO)

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