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

John Wiley & Sons, Inc. (NYSE:WLYB) 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 dividend yield of 2.9%. The ex-dividend date is Tuesday, October 6th.

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 annually for the last 26 consecutive years. John Wiley & Sons has a payout ratio of 34.0% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 1.7%

Shares of John Wiley & Sons stock opened at $48.56 on Friday. John Wiley & Sons has a twelve month low of $29.16 and a twelve month high of $55.51. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 12.85 and a beta of 0.55. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. The company has a fifty day moving average price of $51.06 and a 200 day moving average price of $45.35.

John Wiley & Sons (NYSE:WLYB) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. John Wiley & Sons had a return on equity of 27.99% and a net margin of 11.90%.The company had revenue of $386.36 million for the quarter, compared to analyst estimates of $380.20 million.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of John Wiley & Sons in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, John Wiley & Sons currently has an average rating of “Hold”.

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.