Perdoceo Education Corporation (PRDO) to Issue Quarterly Dividend of $0.17 on September 10th

Perdoceo Education Corporation (NASDAQ:PRDO) announced a quarterly dividend on Thursday, August 6th. Investors of record on Tuesday, September 1st will be given a dividend of 0.17 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend 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 27.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Perdoceo Education to earn $3.30 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 20.6%.

Perdoceo Education Price Performance

Shares of PRDO stock opened at $33.57 on Friday. The business’s fifty day moving average price is $32.89 and its 200 day moving average price is $33.80. The firm has a market capitalization of $2.10 billion, a PE ratio of 12.25, a P/E/G ratio of 0.72 and a beta of 0.71. Perdoceo Education has a 1-year low of $26.66 and a 1-year high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last released its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. The company had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.Perdoceo Education’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 earnings per share. 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. Equities research analysts expect that Perdoceo Education will post 3.13 earnings per share for the current fiscal year.

Insider Transactions at Perdoceo Education

In related news, Chairman Gregory L. Jackson sold 11,271 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total value of $358,192.38. Following the sale, the chairman directly owned 64,949 shares of the company’s stock, valued at approximately $2,064,079.22. This represents a 14.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenda B. Gonzales sold 9,308 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the transaction, the director owned 48,158 shares of the company’s stock, valued at $1,675,416.82. This trade represents a 16.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.46% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PRDO. Fifth Third Bancorp grew its holdings in Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Perdoceo Education in the second quarter worth $38,000. IFP Advisors Inc raised its holdings in shares of Perdoceo Education by 34.6% in the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares during the last quarter. Nykredit A S purchased a new stake in shares of Perdoceo Education in the second quarter valued at $40,000. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Perdoceo Education by 48.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after acquiring an additional 699 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Perdoceo Education Company Profile

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.