John Wiley & Sons, Inc. to Issue 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 3.03%. The ex-dividend date is Tuesday, October 8th.

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

John Wiley & Sons Stock Down 0.5 %

Shares of NYSE WLYB opened at $46.52 on Friday. John Wiley & Sons has a 52 week low of $28.35 and a 52 week high of $48.58. The business has a 50-day simple moving average of $46.06 and a two-hundred day simple moving average of $41.42. The company has a quick ratio of 0.53, a current ratio of 0.57 and a debt-to-equity ratio of 1.27. The company has a market cap of $2.53 billion, a P/E ratio of -12.78 and a beta of 0.68.

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.