John Wiley & Sons, Inc. to Issue Quarterly Dividend of $0.35 (NYSE:WLYB)

John Wiley & Sons, Inc. (NYSE:WLYB) announced a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Investors of record on Tuesday, April 8th will be paid a dividend of 0.3525 per share on Thursday, April 24th. This represents a $1.41 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend is Tuesday, April 8th.

John Wiley & Sons has raised its dividend by an average of 0.7% per year over the last three years and has raised its dividend every year for the last 26 years. John Wiley & Sons has a dividend payout ratio of 33.6% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Down 0.3 %

Shares of NYSE:WLYB traded down $0.14 during trading on Friday, hitting $44.66. The company’s stock had a trading volume of 644 shares, compared to its average volume of 605. The business has a 50 day moving average price of $42.19 and a two-hundred day moving average price of $45.79. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons has a fifty-two week low of $35.68 and a fifty-two week high of $52.90. The company has a market capitalization of $2.40 billion, a PE ratio of -49.08 and a beta of 0.65.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.