Private higher education group Stadio has declared its first dividend with shareholders set for a R40m payout, even as it is still growing its private tertiary offering to one day compete head on with state institution Unisa.

Valued at R2.88bn on the JSE, Stadio aims to create large, multi-faculty campuses and offers 86 accredited courses in fields including law, chartered accounting, film, acting, education and IT.  Spun out of private schooling group Curro, it has just over 38,200 students, with 84% of these studying online. ..

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