Scholastic Corporation (NASDAQ:SCHL) Announces Quarterly Dividend of $0.20

Scholastic Corporation (NASDAQ:SCHLGet Free Report) declared a quarterly dividend on Wednesday, March 18th. Investors of record on Thursday, April 30th will be given a dividend of 0.20 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, April 30th.

Scholastic has increased its dividend by an average of 0.1%per year over the last three years.

Scholastic Stock Down 0.9%

NASDAQ:SCHL opened at $33.39 on Thursday. The business’s fifty day moving average price is $34.15 and its 200 day moving average price is $30.32. The firm has a market capitalization of $849.44 million, a price-to-earnings ratio of -166.95 and a beta of 1.17. The company has a current ratio of 1.67, a quick ratio of 1.24 and a debt-to-equity ratio of 0.30. Scholastic has a 1-year low of $15.77 and a 1-year high of $36.24.

Scholastic (NASDAQ:SCHLGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.10. The firm had revenue of $551.10 million during the quarter, compared to analyst estimates of $556.72 million. Scholastic had a positive return on equity of 2.66% and a negative net margin of 0.21%.During the same period last year, the company posted $1.82 EPS. On average, sell-side analysts forecast that Scholastic will post 0.84 earnings per share for the current fiscal year.

Scholastic Company Profile

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Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.

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Dividend History for Scholastic (NASDAQ:SCHL)

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