John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) declared 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 3.12%. 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 dividend payout ratio of 33.6% indicating that its dividend is sufficiently covered by earnings.
John Wiley & Sons Stock Up 0.2%
Shares of NYSE:WLYB traded up $0.08 during trading on Monday, reaching $45.49. 719 shares of the stock traded hands, compared to its average volume of 1,329. The stock has a market cap of $2.45 billion, a P/E ratio of 29.73 and a beta of 0.68. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a 50-day moving average of $42.18 and a two-hundred day moving average of $42.53. John Wiley & Sons has a 52-week low of $37.27 and a 52-week high of $52.90.
John Wiley & Sons (NYSE:WLYB - Get Free Report) last posted its quarterly earnings results on Tuesday, June 17th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.10. The firm had revenue of $442.58 million during the quarter, compared to analysts' expectations of $435.00 million. John Wiley & Sons had a return on equity of 27.42% and a net margin of 5.02%.
About John Wiley & Sons
(
Get Free Report)
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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