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

John Wiley & Sons, Inc. (NYSE:WLYB) announced a quarterly dividend on Thursday, June 25th. Shareholders of record on Tuesday, July 7th will be paid a dividend of 0.3575 per share on Thursday, July 23rd. This represents a c) dividend on an annualized basis and a yield of 3.2%. 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 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 Price Performance

NYSE WLYB opened at $44.92 on Friday. The stock has a market capitalization of $2.31 billion, a PE ratio of 10.62 and a beta of 0.58. John Wiley & Sons has a 1 year low of $29.16 and a 1 year high of $45.41. The business’s 50-day moving average is $42.30 and its 200 day moving average is $36.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.54 and a quick ratio of 0.51.

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

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.