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

John Wiley & Sons, Inc. (NYSE:WLYB - Get Free Report) 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 yield of 3.17%. The ex-dividend date of this dividend is Tuesday, April 8th.

John Wiley & Sons has raised its dividend payment by an average of 0.7% 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 33.6% meaning its dividend is sufficiently covered by earnings.

John Wiley & Sons Stock Down 0.7 %

John Wiley & Sons stock traded down $0.30 during midday trading on Tuesday, reaching $44.50. The company's stock had a trading volume of 179 shares, compared to its average volume of 599. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The stock has a market capitalization of $2.40 billion, a P/E ratio of -48.90 and a beta of 0.65. The stock's 50-day simple moving average is $42.20 and its 200-day simple moving average is $45.85. John Wiley & Sons has a 52-week low of $35.68 and a 52-week high of $52.90.

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.