New Oriental Education & Technology Group Inc Declares Special Cash Dividend

Tuesday, 23 Jul 2013 04:00am EDT 

New Oriental Education & Technology Group Inc declared a special cash dividend in the amount of USD0.35 per ADS. This represents a 17% increase from the special dividend of USD0.30 paid in September 2012. The cash dividend will be paid on October 7, 2013, to shareholders of record at the close of business on September 6, 2013. The ex-dividend date will be September 4, 2013. The aggregate amount of cash dividends to be paid is approximately USD54 million, which will be funded by surplus cash on the Company's balance sheet. 

Company Quote

-0.16 -0.71%
21 Nov 2014