John Wiley & Sons, Inc. (WLYB) To Go Ex-Dividend on July 7th

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Thursday, June 25th. Stockholders of record on Tuesday, July 7th will be given a dividend of 0.3575 per share on Thursday, July 23rd. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, July 7th. This is a 0.7% increase from John Wiley & Sons’s previous quarterly dividend of $0.35.

John Wiley & Sons has increased its dividend by an average of 0.0%annually 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 33.8% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Trading Up 4.7%

Shares of WLYB stock opened at $47.04 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.54. The stock has a market capitalization of $2.41 billion, a P/E ratio of 11.12 and a beta of 0.58. The company has a 50 day moving average price of $42.46 and a 200 day moving average price of $36.63. John Wiley & Sons has a fifty-two week low of $29.16 and a fifty-two week high of $47.04.

John Wiley & Sons (NYSE:WLYB) last released its earnings results on Tuesday, June 16th. The company reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.02. John Wiley & Sons had a net margin of 13.22% and a return on equity of 29.01%. The company had revenue of $447.94 million for the quarter, compared to analyst estimates of $450.00 million.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge services company headquartered in Hoboken, New Jersey. Founded in 1807, Wiley has established itself as a leading provider of scholarly, educational and professional content across scientific, technical, medical and academic disciplines. The company leverages both print and digital platforms to deliver peer-reviewed journals, books, reference works and online resources to researchers, educators, students and professionals around the world.

Wiley’s operations are organized into key segments, including Research Publishing, which publishes over 1,600 peer-reviewed journals and a broad suite of digital books; Academic and Professional Learning, which offers course materials, interactive digital platforms and certification programs; and Education Solutions, providing custom learning environments, online degree programs and professional development services.