John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) announced a quarterly dividend on Monday, June 30th, Wall Street Journal reports. Investors of record on Tuesday, July 8th will be given a dividend of 0.355 per share on Thursday, July 24th. This represents a $1.42 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Tuesday, July 8th. This is a 0.7% increase from John Wiley & Sons's previous quarterly dividend of $0.35.
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 traded down $1.27 during midday trading on Thursday, reaching $43.87. The company had a trading volume of 432 shares, compared to its average volume of 869. John Wiley & Sons has a 1 year low of $37.27 and a 1 year high of $52.90. The business's 50-day simple moving average is $42.27 and its 200 day simple moving average is $42.55. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 1.05. The stock has a market cap of $2.36 billion, a P/E ratio of 28.67 and a beta of 0.71.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last issued its earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.10. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%. The company had revenue of $442.58 million during the quarter, compared to analyst estimates of $435.00 million.
John Wiley & Sons Company Profile
(
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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.
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