John Wiley & Sons, Inc. (WLY) to Distribute Quarterly Dividend of $0.36 on October 22nd

John Wiley & Sons, Inc. (NYSE:WLY) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Tuesday, October 6th will be given a dividend of $0.3575 per share on Thursday, October 22nd. This represents a $1.43 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, October 6th.

John Wiley & Sons has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 26 consecutive years. John Wiley & Sons has a dividend payout ratio of 34.0% meaning its dividend is sufficiently covered by earnings. Analysts expect John Wiley & Sons to earn $5.30 per share next year, which means the company should continue to be able to cover its $1.43 annual dividend with an expected future payout ratio of 27.0%.

John Wiley & Sons Stock Performance

Shares of John Wiley & Sons stock opened at $48.64 on Friday. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 1.31 and a beta of 0.78. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.64 and a quick ratio of 0.61. The business has a 50-day moving average of $50.88 and a 200 day moving average of $45.35. John Wiley & Sons has a 12 month low of $28.38 and a 12 month high of $57.45.

John Wiley & Sons (NYSE:WLY) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%. The business had revenue of $386.36 million for the quarter, compared to analysts’ expectations of $380.20 million. During the same quarter in the prior year, the company earned $0.49 earnings per share. The business’s quarterly revenue was down 2.6% on a year-over-year basis. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. As a group, sell-side analysts forecast that John Wiley & Sons will post 4.8 earnings per share for the current year.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and education company that provides knowledge, learning and research resources to individuals, institutions and organizations. Founded in 1807 by Charles Wiley, the company has a long history of serving the academic, scientific, technical, professional and education markets.

Wiley publishes scholarly journals, research databases, reference materials, textbooks, professional books and digital learning products. Its offerings support researchers, educators, students and working professionals across areas including science, technology, business, finance, health, engineering and the social sciences.

The company distributes its products through print and digital channels, including online platforms, subscription services, institutional licenses and direct sales.