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HOBOKEN, N.J. - Wiley (NYSE: WLY and WLYB), a global leader in publishing and educational services, has declared a slight increase in its quarterly cash dividend. The company’s Board of Directors announced a dividend of $0.3525 per share on both its Class A and Class B Common Stock, scheduled for payment on April 24, 2025, to shareholders of record as of April 8, 2025. The company, currently valued at $2.4 billion, offers a dividend yield of 3.16%, according to InvestingPro data.
This dividend represents an annual payout of $1.41 per share, marking a modest increase from the $1.40 per share distributed in Fiscal 2024. Notably, in June 2024, Wiley achieved a milestone by raising its quarterly dividend for the 31st consecutive year. InvestingPro data confirms the company’s impressive track record of maintaining dividend payments for 30 consecutive years, making it a notable dividend aristocrat. For deeper insights into Wiley’s dividend sustainability and growth potential, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
Wiley’s commitment to providing dividends to its shareholders reflects its stable position in the research and learning industry. While trading at a relatively high P/E ratio of 58.87, the company maintains a strong gross profit margin of 75.64%. The company has a longstanding history of delivering educational content and services, with a focus on meeting the needs of a diverse customer base that includes researchers, students, instructors, professionals, and institutions.
The dividend announcement is in line with Wiley’s recent earnings release and quarterly results, which are available on the company’s investor relations website. While the dividend increase is incremental, it underscores Wiley’s consistent performance and its Board’s confidence in the company’s financial health.
Investors and interested parties can access more detailed financial information and materials related to Wiley’s performance on the investor relations section of the company’s website.
This financial news is based on a press release statement from John Wiley and Sons.
In other recent news, John Wiley & Sons reported its first-quarter 2025 earnings, surpassing analyst expectations. The company’s earnings per share (EPS) reached $0.84, exceeding the forecast of $0.65, while revenue hit $405 million, topping the expected $401.1 million. This strong performance was attributed to growth in Wiley’s research segment, despite challenges in its learning division. Wiley also reaffirmed its fiscal 2025 revenue guidance, projecting between $1.65 billion and $1.69 billion, and raised its fiscal 2026 margin target to above 25%.
Additionally, Wiley announced an update to the compensation package for its Interim Chief Financial Officer, Christopher Caridi. Effective April 1, 2025, Caridi’s annual base salary will increase to $450,000, and his target bonus eligibility under the Wiley Annual Incentive Plan will rise to 85% of his annual salary. These developments align with Wiley’s strategic objectives and performance goals.
Furthermore, the company has been focusing on AI initiatives, which contributed to its revenue through a $9 million agreement for AI model training. The company’s strategic focus on AI and research innovation has positioned it well for future growth. These recent developments reflect Wiley’s resilience and strategic positioning in the market.
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