John Wiley & Sons, Inc. (WLYB) to Distribute Quarterly Dividend of $0.36 on July 23rd

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, June 25th. Shareholders of record on Tuesday, July 7th will be given a dividend of 0.3575 per share on Thursday, July 23rd. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, July 7th. This is a 0.7% increase from John Wiley & Sons’s previous quarterly dividend of $0.35.

John Wiley & Sons has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 26 consecutive years. John Wiley & Sons has a payout ratio of 34.0% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Price Performance

WLYB stock opened at $52.58 on Friday. John Wiley & Sons has a 12-month low of $29.16 and a 12-month high of $52.58. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 0.79. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 12.43 and a beta of 0.56. The company has a 50 day moving average of $43.30 and a two-hundred day moving average of $37.27.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Tuesday, June 16th. The company reported $1.67 EPS for the quarter, beating the consensus estimate of $1.65 by $0.02. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%. The business had revenue of $447.94 million for the quarter, compared to analysts’ expectations of $450.00 million.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.