China Distance Education (DL) Stock Price, News & Analysis

China Distance Education Holdings Limited (NYSE:DL) posted its earnings results on Tuesday, December, 15th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.24 by $0.06. The technology company had revenue of $65.55 million for the quarter, compared to analysts' expectations of $59.02 million. China Distance Education had a net margin of 4.98% and a trailing twelve-month return on equity of 8.65%. During the same period in the previous year, the business posted $0.55 earnings per share.

China Distance Education (NYSE:DL) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.76%. DL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 180.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DL will have a dividend payout ratio of 55.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DL.

2 employees have rated China Distance Education Chief Executive Officer David Knibbe on Glassdoor.com. David Knibbe has an approval rating of 100% among the company's employees. This puts David Knibbe in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other China Distance Education investors own include NVIDIA (NVDA), Illumina (ILMN), Netflix (NFLX), Gilead Sciences (GILD), General Motors (GM), JOYY (YY), Advanced Micro Devices (AMD), Alibaba Group (BABA), Alphabet (GOOG) and Pfizer (PFE).