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National American University Holdings announces suspension of Q2 dividend [Seeking Alpha]

NATIONAL AMERICAN (NAUH)  More Company Research Source: Seeking Alpha
US:NASDAQ Investor Relations: national.edu/about-nau/investor-relations
PDF National American University Holdings announces suspension of Q2 dividendNational American University Holdings (NAUH-3.2%) announced that at its October 2, 2017 meeting, the Company’s Board of Directors suspended the dividend for the Q218.CEO Ronald L. Shape: “The Board’s decision to suspend the dividend will allow us to preserve liquidity and maintain a stable financial position as we focus on optimizing our operations and executing on our strategic initiatives, ultimately increasing profitability and providing long-term value to our shareholders. The Board of Directors will continue to assess our allocation of capital as we move forward, taking into account whether declaring a quarterly dividend is appropriate and remaining focused on prudent balance sheet management.”Press ReleaseNow read:National American University Holdings, Inc. Receives An F » [Read more]

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