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NEW YORK - Scholastic Corporation (NASDAQ:SCHL) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on both its Class A and Common Stock for the second quarter of fiscal 2026. The company has maintained consistent dividend payments for 18 consecutive years, with the current annual dividend yield standing at 2.97%.
The dividend will be payable on December 15, 2025, to shareholders of record as of the close of business on October 31, 2025, according to a company press release. The stock has shown strong momentum, gaining nearly 40% over the past six months, and according to InvestingPro analysis, currently trades below its Fair Value.
Scholastic, known for being a major publisher and distributor of children’s books, operates through various channels including school-based book clubs and fairs, classroom libraries, school and public libraries, retail, and online platforms.
The company has maintained its position in children’s publishing and educational materials for over a century, with distribution reaching more than 135 countries globally.
The dividend announcement represents a routine quarterly payment to Scholastic shareholders as part of the company’s regular capital return program.
In other recent news, Scholastic Corporation reported its fourth-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.87, slightly above the forecasted $0.85. Scholastic’s revenue also exceeded projections, coming in at $508.3 million compared to the anticipated $494.59 million. In addition to these financial results, Scholastic received a new Buy rating from B.Riley. Analyst Drew Crum set a price target of $37.00 for the educational publisher, citing the company’s strong brand and unique distribution channels. These developments highlight Scholastic’s ability to navigate market challenges effectively.
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