National American University Holdings, Inc. Suspends Dividend for Second Quarter of Fiscal 2018
October 06, 2017 at 08:00 am EDT
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National American University Holdings, Inc. announced that at its October 2, 2017 meeting, the company's board of directors suspended the dividend for the fiscal 2018 second quarter. Suspending the dividend will enable the company to allocate cash toward its strategic initiatives, including several initiatives guided by the NAU Board of Governors related to student learning and engagement, persistence and completion, curriculum, online course delivery, the College of Military Studies, Canadian enrollments, and optimizing campus operations.
National American University Holdings, Inc., through its wholly owned subsidiary, Dlorah, Inc., operates National American University (NAU). NAU is a regionally accredited, institution of higher learning offering associate, bachelor's, master's, and doctoral degree programs in technical and professional disciplines. NAU consists of a group of educators, which helps its students to achieve their educational goals to advance their career opportunities. The Company's courses are offered primarily through online instruction.
NATIONAL AMERICAN UNIVERSITY HOLDINGS, INC. 
