Phoenix Education Partners, Inc. Plans Quarterly Dividend of $0.21 (NYSE:PXED)

Key Points

• Phoenix Education Partners declared a quarterly dividend of $0.21 per share, with record date April 29 and payment on May 22, implying an annualized yield of 2.7% (ex-dividend date April 29).
• The company reported quarterly EPS of $0.58, beating analysts' consensus by $0.24, while revenue declined 0.4% year-over-year.
• PXED shares opened at $31.10 (down 1.3%), with a market cap of $1.11 billion, a P/E of 12.85, and a 12‑month trading range of $23.52 to $47.08.

Phoenix Education Partners, Inc. (NYSE:PXED - Get Free Report) declared a quarterly dividend on Tuesday, April 7th. Investors of record on Wednesday, April 29th will be paid a dividend of 0.21 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, April 29th.

Phoenix Education Partners Trading Down 1.3%

Shares of PXED stock opened at $31.10 on Wednesday. The business's fifty day simple moving average is $29.41. The firm has a market capitalization of $1.11 billion and a P/E ratio of 12.85. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.88 and a current ratio of 1.88. Phoenix Education Partners has a 12-month low of $23.52 and a 12-month high of $47.08.

Phoenix Education Partners (NYSE:PXED - Get Free Report) last issued its quarterly earnings results on Tuesday, April 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.24. Phoenix Education Partners's revenue for the quarter was down .4% on a year-over-year basis.

About Phoenix Education Partners

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.

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