John Wiley & Sons, Inc. to Issue Quarterly Dividend of $0.36 (NYSE:WLYB)

John Wiley & Sons, Inc. (NYSE:WLYBGet Free Report) declared a quarterly dividend on Wednesday, December 17th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.355 per share on Thursday, January 15th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, December 30th.

John Wiley & Sons has raised its dividend by an average of 0.0%per year 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 33.8% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Price Performance

Shares of John Wiley & Sons stock opened at $31.69 on Thursday. John Wiley & Sons has a 1-year low of $30.10 and a 1-year high of $46.81. The firm’s 50-day moving average price is $35.60 and its two-hundred day moving average price is $38.91. The company has a current ratio of 0.71, a quick ratio of 0.67 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 16.86 and a beta of 0.79.

John Wiley & Sons (NYSE:WLYBGet Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.32. The business had revenue of $421.75 million for the quarter, compared to analyst estimates of $416.40 million. John Wiley & Sons had a return on equity of 28.23% and a net margin of 6.11%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of John Wiley & Sons in a report on Monday. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, John Wiley & Sons has a consensus rating of “Hold”.

Check Out Our Latest Research Report on John Wiley & Sons

About John Wiley & Sons

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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.

See Also

Dividend History for John Wiley & Sons (NYSE:WLYB)

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