Capella Education Company (NASDAQ: CPLA), a leading provider of online education, primarily through its wholly owned subsidiary Capella University, 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 April 15, 2016 to shareholders of record as of the close of business on March 10, 2016.
About Capella Education Company
Founded in 1991, Capella Education Company (http://www.capellaeducation.com) is a leader in online education, primarily through our wholly owned subsidiary Capella University (http://www.capella.edu), a regionally accredited* online university with approximately 37,000 learners as of Dec. 31, 2015. Capella Education Company also owns Sophia (http://www.sophia.org), an innovative learning platform leveraging technology to support self-paced learning and Capella Learning Solutions (CLS) which provides online non-degree, high-demand, job-ready skills, training solutions and services to individuals and corporate partners.
*Capella University is accredited by The Higher Learning Commission.
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Contacts:
Investor Contact:
Heide
Erickson, 612-977-5172
Heide.Erickson@capella.edu
