Laureate Education (LAUR) Declares $0.58 Special Dividend; 5.7% Yield
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Laureate Education Announces Special Cash Distribution
December 3, 2021 4:30 PM ESTBALTIMORE, Dec. 3, 2021 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) (the "Company") today announced that its board of directors approved, pursuant to the previously announced adoption of a plan of partial liquidation (the "Plan") related to the distribution of net proceeds from the Company's sale of Walden e-Learning LLC (the "Sale"), the payment of a special cash distribution (the "Distribution") equal to $0.58 per each share of the Company's Common Stock, par value $0.004 per share, to each holder of record on December 14, 2021. The Distribution is scheduled to be paid on December 28, 2021. Based on... More
