John Wiley & Sons (NYSE:WLYB) Shares Gap Up Following Dividend Announcement

John Wiley & Sons, Inc. (NYSE:WLYBGet Free Report) gapped up before the market opened on Friday after the company announced a dividend. The stock had previously closed at $46.52, but opened at $47.94. John Wiley & Sons shares last traded at $47.94, with a volume of 249 shares trading hands.

The newly announced dividend which will be paid on Thursday, October 24th. Stockholders of record on Tuesday, October 8th will be issued a dividend of $0.352 per share. The ex-dividend date of this dividend is Tuesday, October 8th. This represents a $1.41 annualized dividend and a dividend yield of 2.94%. John Wiley & Sons’s payout ratio is -38.74%.

John Wiley & Sons Trading Up 3.1 %

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 $2.60 billion, a P/E ratio of -12.78 and a beta of 0.68. The stock’s 50-day moving average is $46.06 and its two-hundred day moving average is $41.42.

John Wiley & Sons Company Profile

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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.

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