John Wiley & Sons, Inc. (WLYB) To Go Ex-Dividend on October 7th

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, September 25th. Stockholders of record on Tuesday, October 7th will be paid a dividend of 0.355 per share on Thursday, October 23rd. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, October 7th.

John Wiley & Sons has a payout ratio of 33.6% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Price Performance

Shares of NYSE WLYB opened at $40.28 on Friday. The stock has a market cap of $2.14 billion, a PE ratio of 22.63 and a beta of 0.81. John Wiley & Sons has a fifty-two week low of $37.27 and a fifty-two week high of $52.90. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.61 and a current ratio of 0.65. The stock has a fifty day moving average of $40.18 and a 200-day moving average of $41.67.

John Wiley & Sons (NYSE:WLYB) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.17. The company had revenue of $396.80 million during the quarter, compared to analysts’ expectations of $375.00 million. John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of John Wiley & Sons in a research report on Saturday, September 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.