China Distance Education (DL) Declares $0.1125 Special Dividend; 0.8% Yield

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Go back to China Distance Education (DL) Declares $0.1125 Special Dividend; 0.8% Yield

China Distance Education Holdings Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2016

November 29, 2016 5:00 PM EST

BEIJING, Nov. 29, 2016 /PRNewswire/ --

- Fourth Quarter 2016 Net Revenue Up 7.5% Year-Over-Year to $38.2 Million, Exceeding Guidance -

- Fiscal Year 2016 Net Revenue Up 8.7% Year-Over-Year to $117.5 Million, Exceeding Guidance -

- Completes Share Repurchase Program of $40.0 million -

- Declares Annual Special Cash Dividend of $0.1125 per Ordinary Share or $0.45 per ADS -

China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education in China focusing on professional education, today announced unaudited financial results for the fourth quarter and fiscal year 2016 ended September 30,... More