John Wiley & Sons, Inc. (WLY) To Go Ex-Dividend on April 8th

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 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 3.17%. 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% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Price Performance

NYSE:WLY opened at $44.46 on Friday. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of -48.85 and a beta of 0.82. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.61 and a current ratio of 0.66. The stock has a fifty day moving average of $42.09 and a 200 day moving average of $45.79. John Wiley & Sons has a 52-week low of $34.85 and a 52-week high of $53.96.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. On average, research analysts expect that John Wiley & Sons will post 3.42 EPS for the current fiscal 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.