John Wiley & Sons (NYSE:WLYB) Releases Quarterly Earnings Results

John Wiley & Sons (NYSE:WLYB) released its quarterly earnings results on Thursday. The company reported $0.84 earnings per share for the quarter, Zacks reports. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%.

John Wiley & Sons Trading Up 9.2 %

Shares of NYSE:WLYB traded up $3.60 during mid-day trading on Thursday, reaching $42.60. 702 shares of the company were exchanged, compared to its average volume of 609. John Wiley & Sons has a 1 year low of $35.68 and a 1 year high of $52.90. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The firm’s 50-day simple moving average is $41.62 and its 200 day simple moving average is $45.91. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of -46.82 and a beta of 0.65.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a dividend of $0.3525 per share. The ex-dividend date of this dividend was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.31%. John Wiley & Sons’s dividend payout ratio (DPR) is currently -154.95%.

John Wiley & Sons Company Profile

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.