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

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, September 24th. Shareholders of record on Tuesday, October 6th will be paid a dividend of $0.3575 per share on Thursday, October 22nd. This represents a $1.43 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Tuesday, October 6th.

John Wiley & Sons has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 26 years. John Wiley & Sons has a payout ratio of 34.0% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 1.7%

NYSE WLYB traded up $0.80 during mid-day trading on Thursday, reaching $48.56. 2,138 shares of the company’s stock traded hands, compared to its average volume of 1,916. The company 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 fifty day simple moving average of $51.08 and a 200-day simple moving average of $45.27. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.60. John Wiley & Sons has a 1-year low of $29.16 and a 1-year high of $55.51.

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

About John Wiley & Sons

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.