0000950170-24-011379.txt : 20240206 0000950170-24-011379.hdr.sgml : 20240206 20240205174157 ACCESSION NUMBER: 0000950170-24-011379 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240205 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PERDOCEO EDUCATION Corp CENTRAL INDEX KEY: 0001046568 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 363932190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 24597078 BUSINESS ADDRESS: STREET 1: 1750 E. GOLF ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 847-781-3600 MAIL ADDRESS: STREET 1: 1750 E. GOLF ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 FORMER COMPANY: FORMER CONFORMED NAME: CAREER EDUCATION CORP DATE OF NAME CHANGE: 19970923 8-K 1 prdo-20240205.htm 8-K 8-K
0001046568false00010465682024-02-052024-02-05

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 05, 2024

 

 

PERDOCEO EDUCATION CORPORATION

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

0-23245

36-3932190

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1750 E. Golf Rd.

Suite 350

 

Schaumburg, Illinois

 

60173

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 847 781-3600

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $0.01 par value

 

PRDO

 

The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 8.01 Other Events.

On February 5, 2024, Perdoceo Education Corporation (the “Company”) issued a press release announcing that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company’s dividend policy, which will be paid on March 15, 2024, to holders of record of the Company’s common stock as of March 1, 2024. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company’s available retained earnings, financial condition and other relevant factors.

 

A copy of the Company’s press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

The exhibits to this Current Report on Form 8-K are listed in the “Exhibit Index,” which is contained herein and incorporated by reference herein.

 

 

Exhibit Index

 

 

 

Exhibit

Number

Description of Exhibits

 

 

 

 

99.1

Press release of the Company dated February 5, 2024.

 

 

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

PERDOCEO EDUCATION CORPORATION

 

 

 

 

Date:

February 5, 2024

By:

/s/ Ashish R. Ghia

 

 

 

Ashish R. Ghia
Senior Vice President and Chief Financial Officer

 

 EX-99.1 2 prdo-ex99_1.htm EX-99.1 EX-99.1

 

Exhibit 99.1

img8661304_0.jpg 

Perdoceo Education Corporation Announces Quarterly Dividend

SCHAUMBURG, IL. (February 5, 2024) – Perdoceo Education Corporation (NASDAQ: PRDO), a provider of postsecondary education programs, today announced that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company’s dividend policy, which will be paid on March 15, 2024, to holders of record of the Company’s common stock as of March 1, 2024. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company’s available retained earnings, financial condition and other relevant factors.

About Perdoceo Education Corporation

Perdoceo’s accredited academic institutions offer a quality postsecondary education primarily online to a diverse student population, along with campus-based and blended learning programs. The Company’s academic institutions – Colorado Technical University (“CTU”) and the American InterContinental University System (“AIUS” or “AIU System”) – provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Perdoceo’s academic institutions offer students industry-relevant and career-focused academic programs that are designed to meet the educational needs of today’s busy adults. CTU and AIUS continue to show innovation in higher education, advancing personalized learning technologies like their intellipath® learning platform and using data analytics and technology to support and educate students while enhancing overall learning and academic experiences. Perdoceo is committed to providing quality education that closes the gap between learners who seek to advance their careers and employers needing a qualified workforce. For more information, please visit www.perdoceoed.com.

 

###

CONTACT

Investors:

Alpha IR Group

Davis Snyder or Nick Nelson

(312) 445-2870

PRDO@alpha-ir.com

or

Media:

Perdoceo Education Corporation

(847) 585-2600

media@perdoceoed.com

Source: Perdoceo Education Corporation

 

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