John Wiley & Sons, Inc. (NYSE:WLY) Announces Quarterly Dividend of $0.36

John Wiley & Sons, Inc. (NYSE:WLY) announced a quarterly dividend on Thursday, September 25th, RTT News reports. Investors of record on Tuesday, October 7th will be paid a dividend of 0.355 per share on Thursday, October 23rd. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, October 7th.

John Wiley & Sons has a payout ratio of 33.6% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Price Performance

Shares of WLY stock opened at $40.01 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.65 and a debt-to-equity ratio of 1.12. John Wiley & Sons has a twelve month low of $36.10 and a twelve month high of $53.96. The company has a market cap of $2.13 billion, a P/E ratio of 22.47 and a beta of 1.03. The business has a fifty day simple moving average of $40.01 and a 200 day simple moving average of $41.43.

John Wiley & Sons (NYSE:WLY) last issued its earnings results on Thursday, September 4th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). John Wiley & Sons had a return on equity of 27.31% and a net margin of 5.82%.The firm had revenue of $396.80 million during the quarter, compared to analyst estimates of $375.00 million. During the same period in the previous year, the company earned $0.47 EPS. John Wiley & Sons’s revenue for the quarter was down 1.7% on a year-over-year basis. John Wiley & Sons has set its FY 2026 guidance at 3.900-4.350 EPS. On average, sell-side analysts forecast that John Wiley & Sons will post 3.42 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WLY. GAMMA Investing LLC boosted its holdings in John Wiley & Sons by 5,949.7% in the first quarter. GAMMA Investing LLC now owns 69,692 shares of the company’s stock worth $3,105,000 after acquiring an additional 68,540 shares in the last quarter. Wedge Capital Management L L P NC lifted its holdings in shares of John Wiley & Sons by 26.9% in the first quarter. Wedge Capital Management L L P NC now owns 35,106 shares of the company’s stock valued at $1,564,000 after purchasing an additional 7,433 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of John Wiley & Sons by 37.8% in the first quarter. Harbor Capital Advisors Inc. now owns 1,827 shares of the company’s stock valued at $81,000 after purchasing an additional 501 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of John Wiley & Sons in the first quarter valued at approximately $880,000. Finally, Cardinal Capital Management lifted its holdings in shares of John Wiley & Sons by 9.0% in the first quarter. Cardinal Capital Management now owns 38,155 shares of the company’s stock valued at $1,700,000 after purchasing an additional 3,152 shares in the last quarter. Institutional investors own 73.94% of the company’s stock.

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.