China Distance Education Holdings Limited (NYSE:DL) declared a special dividend on Thursday, November 30th, Wall Street Journal reports. Stockholders of record on Friday, January 12th will be given a dividend of 0.45 per share by the technology company on Thursday, January 18th. The ex-dividend date of this dividend is Thursday, January 11th.

China Distance Education (NYSE DL) opened at $8.85 on Friday. The stock has a market capitalization of $291.73, a price-to-earnings ratio of 16.48 and a beta of 1.55. China Distance Education has a 52 week low of $6.61 and a 52 week high of $13.79.

An institutional investor recently raised its position in China Distance Education stock. State Street Corp boosted its position in shares of China Distance Education Holdings Limited (NYSE:DL) by 29.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,439 shares of the technology company’s stock after buying an additional 8,776 shares during the quarter. State Street Corp owned 0.12% of China Distance Education worth $343,000 at the end of the most recent quarter. 19.48% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine raised China Distance Education from a “hold” rating to a “buy” rating in a report on Monday, October 2nd.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/12/01/china-distance-education-holdings-limited-dl-announces-special-dividend-of-0-45.html.

About China Distance Education

China Distance Education Holdings Limited is a holding company. The Company is engaged in providing online and offline education services, and selling related products in the People’s Republic of China (PRC). The Company’s segments include online education services, business start-up training services and the sale of learning simulation software.

Dividend History for China Distance Education (NYSE:DL)

Receive News & Ratings for China Distance Education Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Distance Education Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.