John Wiley & Sons, Inc. (NYSE:WLYB) Plans $0.36 Quarterly Dividend

John Wiley & Sons, Inc. (NYSE:WLYB) announced a quarterly dividend on Wednesday, December 17th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.355 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, December 30th.

John Wiley & Sons has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 26 years. John Wiley & Sons has a dividend payout ratio of 33.8% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 3.0%

Shares of WLYB traded up $0.93 during mid-day trading on Wednesday, hitting $31.69. 132 shares of the company’s stock were exchanged, compared to its average volume of 1,089. The stock’s 50-day moving average is $35.60 and its 200-day moving average is $38.91. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.67 and a current ratio of 0.71. John Wiley & Sons has a fifty-two week low of $30.10 and a fifty-two week high of $46.81. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 8.09 and a beta of 0.79.

John Wiley & Sons (NYSE:WLYB) last announced its earnings results on Thursday, December 4th. The company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.32. The firm had revenue of $421.75 million for the quarter, compared to the consensus estimate of $416.40 million. John Wiley & Sons had a net margin of 6.11% and a return on equity of 28.23%.

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.