Quarterly Cash Dividends
The Company announced today that its Board of Directors has declared its regular, quarterly cash dividend of $1.00 per share. This dividend will be paid on March 12, 2012 to shareholders of record as of February 29, 2012.
Shares and Options Outstanding
At December 31, 2011, the Company had 11,792,456 common shares issued and outstanding and 100,000 stock options outstanding with an exercise price of $107.28 and a remaining contractual life of one year.
Based on the enrollments announced for the 2012 winter term and the planned investments in opening new campuses, the Company estimates first quarter 2012 diluted earnings per share will be in the range of $2.07 to $2.09.
2012 Annual Meeting of Stockholders
The Company announced today that its 2012 Annual Meeting of Stockholders will take place on Tuesday, April 24, 2012 at the Company’s office located at 2303 Dulles Station Blvd., Herndon, Virginia 20171. The record date for this annual meeting will be March 9, 2012.
Conference Call with Management
Strayer Education, Inc. will host a conference call to discuss its fourth quarter 2011 earnings at 10:00 a.m. (ET) today. To participate on the live call, investors should dial (877) 303-9047 10 minutes prior to the start time. In addition, the call will be available via live Webcast over the Internet. To access the live Webcast of the conference call, please go to
15 minutes prior to the start time of the call to register. An archived replay of the conference call will be available at (855) 859-2056 (conference id 32870725) starting at 1:00 p.m. (ET) today and will be available through Thursday, February 23, 2012, and archived at
for 90 days.
About Strayer Education, Inc.
Strayer Education, Inc. (Nasdaq: STRA) is an education services holding company that owns Strayer University and certain other assets. Strayer’s mission is to make higher education achievable for working adults in today’s economy. Strayer University is a proprietary institution of higher learning that offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice to working adult students at 92 campuses in 22 states and Washington, D.C. and worldwide via the Internet. Strayer University also offers an executive MBA online through its Jack Welch Management Institute. Strayer University is committed to providing an education that prepares working adult students for advancement in their careers and professional lives. Founded in 1892, Strayer University is accredited by the Middle States Commission on Higher Education.