Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Strategic Education, Inc. (NASDAQ:STRA) is about to go ex-dividend in just 3 days. You will need to purchase shares before the 3rd of September to receive the dividend, which will be paid on the 14th of September.
Strategic Education’s next dividend payment will be US$0.60 per share, on the back of last year when the company paid a total of US$2.40 to shareholders. Last year’s total dividend payments show that Strategic Education has a trailing yield of 2.3% on the current share price of $103.69. We love seeing companies pay a dividend, but it’s also important to be sure that laying the golden eggs isn’t going to kill our golden goose! So we need to check whether the dividend payments are covered, and if earnings are