John Wiley & Sons, Inc. (NYSE:WLY) Shares Set to Pay Quarterly Dividend of $0.36

John Wiley & Sons, Inc. (NYSE:WLY) announced a quarterly dividend on Wednesday, September 23rd. 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 dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, October 6th.

John Wiley & Sons has increased 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 34.0% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

John Wiley & Sons stock opened at $48.64 on Friday. The company has a 50-day moving average price of $50.88 and a 200 day moving average price of $45.35. The stock has a market cap of $2.47 billion, a P/E ratio of 12.87, a PEG ratio of 1.31 and a beta of 0.78. 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 12-month low of $28.38 and a 12-month high of $57.45.

John Wiley & Sons (NYSE:WLY) last announced its earnings results 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%. John Wiley & Sons’s revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 earnings per share. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Sell-side analysts anticipate that John Wiley & Sons will post 4.8 earnings per share for the current year.

Analyst Ratings Changes

WLY has been the topic of several recent research reports. Weiss Ratings downgraded John Wiley & Sons from a “buy (b-)” rating to a “hold (c)” rating in a report on Tuesday, September 8th. Wall Street Zen cut shares of John Wiley & Sons from a “strong-buy” rating to a “hold” rating in a research report on Saturday, September 12th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

John Wiley & Sons Company Profile

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.