John Wiley & Sons, Inc. (WLYB) To Go Ex-Dividend on October 6th

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Tuesday, October 6th will be paid a dividend of $0.3575 per share on Thursday, October 22nd. This represents a $1.43 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, October 6th.

John Wiley & Sons has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 26 years. John Wiley & Sons has a payout ratio of 34.0% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Up 1.7%

WLYB stock opened at $48.56 on Friday. John Wiley & Sons has a 12 month low of $29.16 and a 12 month high of $55.51. The firm has a market cap of $2.46 billion, a PE ratio of 12.85 and a beta of 0.55. The firm has a 50 day simple moving average of $51.06 and a 200 day simple moving average of $45.35. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.64 and a quick ratio of 0.61.

John Wiley & Sons (NYSE:WLYB) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. The firm had revenue of $386.36 million for the quarter, compared to analyst estimates of $380.20 million. John Wiley & Sons had a net margin of 11.90% and a return on equity of 27.99%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Wiley & Sons in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc is a global publishing and knowledge-services company that develops content and learning solutions for researchers, students, educators, professionals and organizations. Its offerings include scholarly journals, academic books, reference materials, digital learning products, online courseware and professional development resources.

Wiley supports the research ecosystem by publishing scientific, technical, medical and scholarly content, as well as providing platforms and services that help researchers discover, access and share information.