John Wiley & Sons, Inc. (WLYB) to Issue Quarterly Dividend of $0.35 on April 24th

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Investors 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 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Tuesday, April 8th.

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

John Wiley & Sons Price Performance

John Wiley & Sons stock opened at $42.30 on Friday. The stock has a market capitalization of $2.28 billion, a P/E ratio of -46.48 and a beta of 0.68. The company’s fifty day moving average price is $42.28 and its 200 day moving average price 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 1 year low of $35.68 and a 1 year high of $52.90.

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.