Wiley raises quarterly dividend, announces $250 million buyback plan

NEW YORK - Wiley (NYSE:WLY), a provider of content and knowledge services with a market capitalization of $2.34 billion, announced Thursday a quarterly cash dividend increase and a new share repurchase program.

The company’s Board of Directors declared a quarterly cash dividend of $0.355 per share on both Class A and Class B Common Stock, payable July 24, 2025, to shareholders of record on July 8, 2025. This represents an annual dividend of $1.42 per share, up from $1.41 in fiscal 2025, marking Wiley’s 32nd consecutive annual dividend increase. According to InvestingPro data, the stock currently yields 3.25%, and has maintained dividend payments for 31 consecutive years.

Additionally, the Board approved a $250 million share repurchase authorization, replacing the previous $200 million authorization from 2020. During fiscal 2025, Wiley allocated $76 million to dividends and $60 million to share repurchases, a 34% increase in buybacks compared to the previous year. InvestingPro analysis shows the company maintains a GOOD financial health score, suggesting strong capability to maintain its shareholder return programs.

The company recently reported fiscal 2025 results showing revenue and adjusted EBITDA margin growth in both its Research and Learning segments, along with a 300 basis point expansion in adjusted operating margin. With EBITDA reaching $303.36 million, Wiley also reported $40 million in AI licensing revenue for fiscal 2025, compared to $23 million in fiscal 2024.

For fiscal 2026, Wiley projects adjusted EBITDA margin between 25.5% and 26.5%, with free cash flow of approximately $200 million.

The announcement comes through a press release statement from the company, which has been publishing for more than two centuries and serves researchers, students, professionals, and institutions.

In other recent news, John Wiley & Sons reported strong financial results for the fourth quarter of fiscal year 2025, surpassing analyst expectations. The company reported earnings per share of $1.37, exceeding the forecast of $1.31, and revenue of $443 million, above the projected $434.9 million. This performance reflects a 318% increase in adjusted EPS for the full fiscal year and a 3% rise in full-year adjusted revenue to $2.1 billion. Additionally, Wiley continues to expand its AI licensing and partnerships, contributing to revenue growth. The company has set a target for free cash flow of $200 million for FY2026. In another development, Wiley appointed Craig Albright as executive vice president and chief financial officer, effective June 26, 2025. Albright brings over 30 years of finance leadership experience, having previously served as CFO at Xerox. This appointment follows Wiley’s recent report of growth in revenue, margins, and free cash flow for Fiscal 2025.

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