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DeVry Increases Dividend, Sets Buyback Plan

 
By MarketWatch
MarketWatch Pulse
     

    NEW YORK -- DeVry Inc. said Wednesday that it plans to hike its annual dividend by 25% to 20 cents a share from 16 cents. The provider of adult education said that the next dividend, which is paid semiannually, will be paid Jan. 7 to shareholders of record as of Dec. 11. DeVry also said its board approved another share-repurchase program of $50 million to start once the existing program is completed.

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