Capella Education Company (NASDAQ:CPLA), a leading education provider, announced today that its board of directors has approved a quarterly cash dividend of $0.39 per outstanding share of common stock. The cash dividend is payable on July 15, 2016 to shareholders of record as of the close of business on May 25, 2016. About Capella Education CompanyFounded in 1991, Capella Education Company ( http://www.capellaeducation.com) is a leading education provider, primarily through our wholly owned subsidiary Capella University ( http://www.capella.edu), a regionally accredited* online university with approximately 39,000 learners as of March 31, 2016. Capella Education Company also owns Capella Learning Solutions (CLS) which provides online non-degree, high-demand, job-ready skills, training solutions and services to individuals and corporate partners; Hackbright Academy ( https://hackbrightacademy.com), the leading software engineering school for women with a mission to increase female representation in tech through education, mentorship and community; and Sophia ( http://www.sophia.org), an innovative learning platform leveraging technology to support self-paced learning. *Capella University is accredited by The Higher Learning Commission.