John Wiley & Sons, Inc. (NYSE:WLYB – Get Free Report)’s stock price gapped up before the market opened on Thursday following a dividend announcement from the company. The stock had previously closed at $47.15, but opened at $48.50. John Wiley & Sons shares last traded at $48.50, with a volume of 814 shares changing hands.
The newly announced dividend which will be paid on Thursday, October 22nd. Investors of record on Tuesday, October 6th will be paid a $0.3575 dividend. This represents a $1.43 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, October 6th. John Wiley & Sons’s dividend payout ratio (DPR) is 37.83%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “hold (c)” rating on shares of John Wiley & Sons in a research report on Friday, July 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, John Wiley & Sons has a consensus rating of “Hold”.
John Wiley & Sons Stock Performance
The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.60. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 12.64 and a beta of 0.55. The company has a 50 day simple moving average of $51.02 and a 200 day simple moving average of $45.37.
John Wiley & Sons (NYSE:WLYB – Get Free Report) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04. The company had revenue of $386.36 million for the quarter, compared to the consensus estimate of $380.20 million. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%.
John Wiley & Sons Company Profile
John Wiley & Sons, Inc is a global publishing and knowledge-services company that develops content and learning solutions for researchers, students, educators, professionals and organizations. Its offerings include scholarly journals, academic books, reference materials, digital learning products, online courseware and professional development resources.
Wiley supports the research ecosystem by publishing scientific, technical, medical and scholarly content, as well as providing platforms and services that help researchers discover, access and share information.
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