Strayer Education Inc. (STRA) Tops Q4 EPS by 8c; New Enrollment Down 20%; Declares $1.00 Quarterly Dividend; 3.1% Yield

February 17, 2011 6:49 AM EST
Strayer Education Inc. (NASDAQ: STRA) reported Q4 EPS of $2.73, $0.08 better than the analyst estimate of $2.65. Revenue for the quarter came in at $172 million versus the consensus estimate of $172.64 million.

New enrollments down 20%.

STRA has declared its regular, quarterly cash dividend of $1.00 per share, $4.00 annualized. This dividend will be paid on March 10, 2011 to shareholders of record as of March 3, 2011. The ex-dividend date is March 1, 2011.

Yield on the dividend is 3.1%.

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