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

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, September 26th, Zacks reports. Stockholders of record on Tuesday, October 8th will be given a dividend of 0.352 per share on Thursday, October 24th. This represents a $1.41 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend is Tuesday, October 8th.

John Wiley & Sons has raised its dividend by an average of 0.7% per year over the last three years and has increased its dividend every year for the last 26 years. John Wiley & Sons has a payout ratio of 38.1% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 2.1 %

NYSE:WLYB opened at $49.49 on Monday. John Wiley & Sons has a one year low of $28.35 and a one year high of $49.95. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.57 and a quick ratio of 0.53. The company has a market cap of $2.69 billion, a PE ratio of -13.60 and a beta of 0.68. The firm’s 50 day simple moving average is $46.16 and its 200 day simple moving average is $41.95.

John Wiley & Sons (NYSE:WLYB) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.47 EPS for the quarter. The company had revenue of $403.81 million for the quarter. John Wiley & Sons had a negative net margin of 6.00% and a positive return on equity of 21.59%.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.