John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB) shares saw unusually-high trading volume on Tuesday . Approximately 219 shares traded hands during trading, an increase of 27% from the previous session’s volume of 172 shares.The stock last traded at $42.90 and had previously closed at $42.94.

John Wiley & Sons Trading Down 0.1 %

The business’s 50-day simple moving average is $48.33 and its two-hundred day simple moving average is $46.97. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of -47.14 and a beta of 0.72. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th will be given a $0.3525 dividend. This is a positive change from John Wiley & Sons’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, December 26th. This represents a $1.41 dividend on an annualized basis and a yield of 3.29%. John Wiley & Sons’s payout ratio is presently -154.95%.

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.