New Oriental Education & Technology Declares $0.06 Special Dividend Impacting Shareholders

Monday, 19 August 2024, 10:10

New Oriental Education & Technology has declared a $0.06 special dividend per share, signaling its commitment to shareholder returns. This dividend is also set at $0.60 for ADS holders, with a pay date of September 23. Shareholders on record as of September will benefit from this announcement.
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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.

For a further detailed analysis on the implications of this announcement, please visit the source.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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