MINNEAPOLIS--(BUSINESS WIRE)--

Capella Education Company (NASDAQ: CPLA), a provider of online post-secondary education, primarily through its wholly owned subsidiary Capella University, announced today that its board of directors has approved an increase in its quarterly cash dividend to $0.37 per outstanding share of common stock, a 2-cent increase. The cash dividend is payable on Jan. 15, 2015 to shareholders of record as of the close of business on Dec. 24, 2014.

About Capella Education Company

Founded in 1991, Capella Education Company is a leader in online education, primarily through our wholly owned subsidiary Capella University (http://www.capella.edu), a regionally accredited* online university with approximately 35,000 students as of Sept. 30, 2014. In addition, Capella Education Company offers online education through Resource Development International Ltd. (RDI) (http://www.rdi.co.uk), an independent provider of United Kingdom (UK) university distance learning qualifications. Capella Education Company also owns an innovative startup company called Sophia (http://www.sophia.org) - a social teaching and learning platform that integrates education with technology.

*Capella University is accredited by The Higher Learning Commission.