New Oriental Education & Technology Declares $0.06 Special Dividend Impacting Shareholders
New Oriental Education & Technology (NYSE: EDU) has recently made headlines with its announcement of a $0.06 special dividend per share. This move highlights the company’s commitment to rewarding its shareholders amid changing market dynamics.
The company will also issue $0.60 per ADS for holders of American Depositary Shares. The dividend will be payable on September 23, and it is intended for shareholders who are recorded as of the cutoff date. Such dividends not only reflect confidence in the company's ongoing performance but also serve as a strategic advantage to attract potential investors.
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