DeVry increases dividend

OAKBROOK TERRACE - DeVry Inc., a global provider of educational services, announced Wednesday that its board of directors approved a 25 percent dividend increase, from 16 cents a share to 20 cents a share annually. Payable on a semiannual basis, the next dividend payment of 10 cents will be made on Jan. 7 to common stockholders of record as of Dec. 11, the company said. DeVry also announced that its board of directors authorized a third share repurchase program of $50 million to commence upon completion of the existing $50 million program.