Phoenix Education Partners Declares $2.36 Special Dividend, Payable Dec. 4

Holders of record as of Nov. 23 will receive the cash payment, which the company estimates at about $86.6 million in total.

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Key terms

  • Special cash dividend: $2.36 per share, declared Nov. 11, 2026
  • Record date: Nov. 23, 2026, including certain share-based award holders
  • Payment date: Dec. 4, 2026
  • Estimated total payout: about $86.6 million on 36.7 million shares

Phoenix Education Partners, Inc. (NYSE: PXED) will pay a special cash dividend of $2.36 per share on Dec. 4, the company said in an 8-K filed Thursday, Nov. 12.

The Board of Directors declared the dividend on Nov. 11. The payment goes to stockholders of record as of Nov. 23, and also to holders of certain share-based awards as of that date.

Based on 36.7 million shares outstanding as of Oct. 27, the payout would total about $86.6 million. At that share count, the company's market value was about $701.6 million, using the $19.13 close on Nov. 11.

The company reported cash, equivalents and investments of $327.2 million as of Aug. 31, the end of its last fiscal year. Its revenue for that year was $1.02 billion.

The filing does not describe how the payment will be funded. It does not give an ex-dividend date, and it does not compare the special payment with the company's regular dividend.

Sources

Written with AI from the company's SEC filing and our market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Phoenix Education Partners page.