John Wiley & Sons, Inc. (NYSE:WLYB) Declares $0.35 Quarterly Dividend

John Wiley & Sons, Inc. (NYSE:WLYB) declared a quarterly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, April 8th will be given 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 by an average of 0.7% 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 33.6% indicating that its dividend is sufficiently covered by earnings.

John Wiley & Sons Trading Down 4.5 %

WLYB opened at $42.30 on Friday. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -46.48 and a beta of 0.68. The company’s 50 day simple moving average is $42.28 and its two-hundred day simple moving average is $45.78. John Wiley & Sons has a 1-year low of $35.68 and a 1-year high of $52.90. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

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.