The ex-dividend date for Strayer Education (Nasdaq:STRA) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $112.35 as of 9:58 a.m., the dividend yield is 3.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Strayer Education (Nasdaq: STRA) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $112.35 as of 9:58 a.m. ET, the dividend yield is 3.6%. The average volume for Strayer has been 146,200 shares per day over the past 30 days. Strayer has a market cap of $1.4 billion and is part of the services sector and diversified services industry. Shares are up 15.7% year to date as of the close of trading on Thursday. Strayer Education, Inc., through its subsidiary, Strayer University, provides post-secondary education services for working adults. It offers various academic programs in traditional classrooms and through the Internet. The company has a P/E ratio of 12.5, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Strayer as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full Strayer Ratings Report. See our dividend calendar or top-yielding stocks list.
Investors considering a purchase of Strayer Education, Inc. stock, but tentative about paying the going market price of $66.40/share, might benefit from considering selling puts among the alternative strategies at their disposal.