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

John Wiley & Sons, Inc. (NYSE:WLY) declared a quarterly dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 8th will be given a dividend of 0.3525 per share on Thursday, April 24th. This represents a $1.41 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Tuesday, April 8th.

John Wiley & Sons has raised its dividend payment by an average of 0.7% per year over the last three years and has increased its dividend annually for the last 26 consecutive years. John Wiley & Sons has a payout ratio of 33.6% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Performance

Shares of NYSE:WLY traded up $0.19 during midday trading on Thursday, hitting $44.79. The company had a trading volume of 244,760 shares, compared to its average volume of 330,234. John Wiley & Sons has a 12-month low of $34.85 and a 12-month high of $53.96. The company has a fifty day moving average of $42.06 and a two-hundred day moving average of $45.79. The company has a market cap of $2.41 billion, a price-to-earnings ratio of -49.22 and a beta of 0.82. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million for the quarter, compared to analysts’ expectations of $401.10 million. On average, equities research analysts expect that John Wiley & Sons will post 3.42 EPS for the current fiscal year.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.