Capella Education (CPLA) Raises Quarterly Dividend 5.4% to $0.39; Adds $50M to Buyback Plan

Capella Education (NASDAQ: CPLA) declared a quarterly dividend of $0.39 per share, or $1.56 annualized. This is a 5.4% increase from the prior dividend of $0.37.

The dividend will be payable on January 15, 2016, to stockholders of record on December 23, 2015, with an ex-dividend date of December 21, 2015.

The annual yield on the dividend is 3.4 percent.

The board of directors also approved a $50 million increase to its share repurchase program. This increase is in addition to the $6.2 million that currently remains under the share repurchase program.

For a dividend history and other dividend-related data on Capella Education (CPLA) click here.

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