The ex-dividend date for Strayer Education (Nasdaq:STRA) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $85.38 as of 9:30 a.m., the dividend yield is 4.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Strayer Education (Nasdaq: STRA) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $85.38 as of 9:30 a.m. ET, the dividend yield is 4.3%. The average volume for Strayer has been 168,500 shares per day over the past 30 days. Strayer has a market cap of $1.09 billion and is part of the services sector and diversified services industry. Shares are down 11% year to date as of the close of trading on Tuesday. Strayer Education, Inc., through its subsidiary, Strayer University, provides post-secondary education services for working adults. The company has a P/E ratio of 11.3, below the average diversified services industry P/E ratio of 11.4 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 expanding profit margins and notable return on equity. 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.