John Wiley & Sons, Inc. (NYSE:WLY) Declares Quarterly Dividend of $0.36

Key Points

• John Wiley & Sons declared a quarterly dividend of $0.3575 per share, payable October 22 to shareholders of record October 6. The annualized dividend is $1.43 per share, yielding approximately 2.9%.
• The company has increased its dividend for 26 consecutive years, with a 34% current payout ratio and an expected future payout ratio of 27%, indicating solid earnings coverage.
• Wiley’s latest quarterly results exceeded expectations, with EPS of $0.44 versus the $0.40 estimate and revenue of $386.36 million, although revenue declined 2.6% year over year.

John Wiley & Sons, Inc. (NYSE:WLY - Get Free Report) declared a quarterly dividend on Thursday, September 24th. Stockholders of record on Tuesday, October 6th will be given a dividend of $0.3575 per share on Thursday, October 22nd. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, October 6th.

John Wiley & Sons has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 26 years. John Wiley & Sons has a dividend payout ratio of 34.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect John Wiley & Sons to earn $5.30 per share next year, which means the company should continue to be able to cover its $1.43 annual dividend with an expected future payout ratio of 27.0%.

John Wiley & Sons Price Performance

NYSE:WLY traded up $0.89 during trading hours on Thursday, hitting $48.64. 386,616 shares of the company's stock traded hands, compared to its average volume of 520,529. The business's fifty day simple moving average is $50.93 and its two-hundred day simple moving average is $45.27. John Wiley & Sons has a 52 week low of $28.38 and a 52 week high of $57.45. The firm has a market cap of $2.47 billion, a P/E ratio of 12.87, a P/E/G ratio of 1.31 and a beta of 0.78. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.60.

John Wiley & Sons (NYSE:WLY - Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. The firm had revenue of $386.36 million for the quarter, compared to analyst estimates of $380.20 million. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%. The business's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 EPS. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. On average, research analysts anticipate that John Wiley & Sons will post 4.8 earnings per share for the current fiscal year.

Institutional Trading of John Wiley & Sons

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its holdings in John Wiley & Sons by 264.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 827 shares of the company's stock worth $25,000 after purchasing an additional 600 shares in the last quarter. Optiver Holding B.V. purchased a new position in John Wiley & Sons during the first quarter valued at $26,000. Hantz Financial Services Inc. grew its position in shares of John Wiley & Sons by 2,378.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,388 shares of the company's stock worth $43,000 after buying an additional 1,332 shares during the period. Nykredit A S purchased a new stake in shares of John Wiley & Sons in the 2nd quarter worth about $129,000. Finally, GAMMA Investing LLC increased its stake in shares of John Wiley & Sons by 16.9% in the 2nd quarter. GAMMA Investing LLC now owns 3,223 shares of the company's stock worth $156,000 after acquiring an additional 465 shares in the last quarter. 73.94% of the stock is currently owned by hedge funds and other institutional investors.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and education company that provides knowledge, learning and research resources to individuals, institutions and organizations. Founded in 1807 by Charles Wiley, the company has a long history of serving the academic, scientific, technical, professional and education markets.

Wiley publishes scholarly journals, research databases, reference materials, textbooks, professional books and digital learning products. Its offerings support researchers, educators, students and working professionals across areas including science, technology, business, finance, health, engineering and the social sciences.

The company distributes its products through print and digital channels, including online platforms, subscription services, institutional licenses and direct sales.

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