John Wiley & Sons, Inc. Declares Quarterly Dividend of $0.35 (NYSE:WLY)

John Wiley & Sons, Inc. (NYSE:WLY) announced a quarterly dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 8th will be given a dividend of 0.3525 per share on Thursday, April 24th. This represents a $1.41 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Tuesday, April 8th.

John Wiley & Sons has increased its dividend by an average of 0.7% per year over the last three years and has increased its dividend annually for the last 26 consecutive years. John Wiley & Sons has a payout ratio of 33.6% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 0.4 %

Shares of NYSE WLY opened at $44.79 on Friday. The company has a market cap of $2.41 billion, a P/E ratio of -49.22 and a beta of 0.82. The firm has a 50-day simple moving average of $42.08 and a two-hundred day simple moving average of $45.78. John Wiley & Sons has a 1 year low of $34.85 and a 1 year high of $53.96. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLY) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million during the quarter, compared to analysts’ expectations of $401.10 million. Research analysts anticipate that John Wiley & Sons will post 3.42 earnings per share for the current year.

About John Wiley & Sons

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.