John Wiley & Sons (NYSE:WLYB) Sees Strong Trading Volume – Here’s Why

John Wiley & Sons, Inc. (NYSE:WLYB) saw unusually-strong trading volume on Thursday . Approximately 564 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 605 shares.The stock last traded at $44.59 and had previously closed at $46.81.

John Wiley & Sons Stock Down 3.2 %

The firm has a market capitalization of $2.36 billion, a P/E ratio of -47.76 and a beta of 0.65. The company has a fifty day simple moving average of $41.75 and a 200 day simple moving average of $45.90. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.26.

John Wiley & Sons Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a dividend of $0.3525 per share. The ex-dividend date was Thursday, December 26th. This is an increase from John Wiley & Sons’s previous quarterly dividend of $0.35. This represents a $1.41 dividend on an annualized basis and a yield of 3.23%. John Wiley & Sons’s dividend payout ratio is 190.54%.

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.