John Wiley & Sons (NYSE:WLYB) Announces Quarterly Earnings Results

John Wiley & Sons (NYSE:WLYB) announced its quarterly earnings results on Thursday. The company reported $0.84 earnings per share for the quarter, Zacks reports. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%.

John Wiley & Sons Stock Performance

Shares of NYSE WLYB traded up $3.60 during trading hours on Thursday, hitting $42.60. 702 shares of the stock were exchanged, compared to its average volume of 609. John Wiley & Sons has a one year low of $35.68 and a one year high of $52.90. The company’s 50 day moving average is $41.62 and its 200 day moving average is $45.91. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a market capitalization of $2.30 billion, a P/E ratio of -45.32 and a beta of 0.65.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were issued a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.31%. The ex-dividend date was Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is -154.95%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.