John Wiley & Sons, Inc. (WLY) To Go Ex-Dividend on July 7th

John Wiley & Sons, Inc. (NYSE:WLY) declared a quarterly dividend on Thursday, June 25th. Stockholders of record on Tuesday, July 7th will be given a dividend of 0.3575 per share on Thursday, July 23rd. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, July 7th. This is a 0.7% increase from John Wiley & Sons’s previous quarterly dividend of $0.35.

John Wiley & Sons has increased its dividend payment 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 dividend payout ratio of 34.0% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Down 0.0%

Shares of John Wiley & Sons stock opened at $52.75 on Friday. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of 12.47 and a beta of 0.78. John Wiley & Sons has a twelve month low of $28.38 and a twelve month high of $52.95. The company has a current ratio of 0.54, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. The business’s 50 day simple moving average is $43.50 and its 200-day simple moving average is $36.95.

John Wiley & Sons (NYSE:WLY) last released its quarterly earnings data on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.02. John Wiley & Sons had a return on equity of 29.01% and a net margin of 13.22%.The business had revenue of $447.94 million during the quarter, compared to analyst estimates of $450.00 million. During the same quarter in the previous year, the firm posted $1.37 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. John Wiley & Sons has set its FY 2027 guidance at 4.600-5.050 EPS. Equities research analysts forecast that John Wiley & Sons will post 4.8 earnings per share for the current year.

About John Wiley & Sons

John Wiley & Sons, Inc is a global publishing and educational services company founded in 1807 and headquartered in Hoboken, New Jersey. The company operates through two primary segments: Research & Publishing and Education. Through these segments, Wiley produces a wide range of scholarly journals, books, reference works and digital products for academic, scientific, technical and medical markets, as well as professional development and higher education learning resources.

In its Research & Publishing segment, Wiley publishes thousands of peer-reviewed journals and maintains the Wiley Online Library, a leading platform for scientific and scholarly content.