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

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, April 8th will be paid a dividend of 0.3525 per share on Thursday, April 24th. This represents a $1.41 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend is Tuesday, April 8th.

John Wiley & Sons has increased its dividend by an average of 0.7% annually over the last three years and has raised its dividend every year for the last 26 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 WLYB opened at $44.66 on Friday. John Wiley & Sons has a 12-month low of $35.68 and a 12-month high of $52.90. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of -49.08 and a beta of 0.65. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The firm has a 50 day moving average of $42.19 and a 200 day moving average of $45.81.

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.