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

John Wiley & Sons, Inc. (NYSE:WLYB) announced a quarterly dividend on Thursday, March 26th. Shareholders of record on Tuesday, April 7th will be paid a dividend of 0.355 per share on Thursday, April 23rd. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, April 7th.

John Wiley & Sons has raised its dividend payment by an average of 0.0%annually over the last three years and has increased 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

Shares of NYSE:WLYB traded up $1.57 during trading hours on Thursday, hitting $38.56. 138 shares of the company’s stock traded hands, compared to its average volume of 2,267. John Wiley & Sons has a 52 week low of $29.16 and a 52 week high of $45.41. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.57 and a current ratio of 0.59. The company’s fifty day simple moving average is $32.90 and its two-hundred day simple moving average is $34.95. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 13.44 and a beta of 0.74.

John Wiley & Sons (NYSE:WLYB) last released its earnings results on Thursday, March 5th. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.11. John Wiley & Sons had a net margin of 9.24% and a return on equity of 28.38%. The business had revenue of $410.04 million for the quarter, compared to the consensus estimate of $391.00 million.

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.