John Wiley & Sons, Inc. (NYSE:WLYB) Plans $0.35 Quarterly Dividend

John Wiley & Sons, Inc. (NYSE:WLYB) announced a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Shareholders of record on Tuesday, April 8th will be paid a dividend of 0.3525 per share on Thursday, April 24th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Tuesday, April 8th.

John Wiley & Sons has increased its dividend by an average of 0.7% annually 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% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Down 0.3 %

Shares of NYSE WLYB traded down $0.14 during mid-day trading on Friday, reaching $44.66. 644 shares of the company traded hands, compared to its average volume of 601. The company’s fifty day moving average is $42.18 and its two-hundred day moving average is $45.78. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. John Wiley & Sons has a fifty-two week low of $35.68 and a fifty-two week high of $52.90. The stock has a market cap of $2.40 billion, a PE ratio of -49.08 and a beta of 0.65.

John Wiley & Sons Company Profile

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.