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

China Distance Education Holdings Limited (NYSE:DL) issued its quarterly earnings results on Tuesday, December, 15th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.06. The technology company earned $65.55 million during the quarter, compared to analyst estimates of $59.02 million. China Distance Education had a trailing twelve-month return on equity of 8.65% and a net margin of 4.98%. During the same quarter last year, the firm posted $0.55 EPS.

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).