DeVry Declares Semi-annual Dividend of $0.12; Authorizes Additional Share Repurchases of up to $100M

DeVry Inc. DV, a global provider of educational services, announced today that its board of directors has declared a semi-annual cash dividend on DeVry's common stock of $0.12 per share, payable on July 12, 2011, to common stockholders of record as of June 20, 2011. In addition, the board authorized a sixth share repurchase program, which allows DeVry to repurchase up to $100 million of its common stock through June 30, 2013. The new program will commence upon completion of the existing $50 million program, which will likely occur within the next two weeks.