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

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.3575 per share on Thursday, October 22nd. This represents a $1.43 annualized dividend and a dividend 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%annually over the last three years and has raised its dividend annually for the last 26 consecutive years. John Wiley & Sons has a dividend payout ratio of 34.0% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 1.7%

Shares of NYSE WLYB traded up $0.80 during mid-day trading on Thursday, reaching $48.56. The company had a trading volume of 2,138 shares, compared to its average volume of 1,916. John Wiley & Sons has a twelve month low of $29.16 and a twelve month high of $55.51. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.61 and a current ratio of 0.64. The stock has a market capitalization of $2.46 billion, a PE ratio of 12.85 and a beta of 0.55. The stock’s 50 day moving average is $51.08 and its 200-day moving average is $45.27.

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

John Wiley & Sons Company Profile

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.