John Wiley & Sons (NYSE:WLYB) Shares Gap Up After Dividend Announcement

John Wiley & Sons, Inc. (NYSE:WLYB) shares gapped up prior to trading on Friday following a dividend announcement from the company. The stock had previously closed at $46.52, but opened at $47.94. John Wiley & Sons shares last traded at $47.94, with a volume of 249 shares trading hands.

The newly announced dividend which will be paid on Thursday, October 24th. Shareholders of record on Tuesday, October 8th will be given a dividend of $0.352 per share. The ex-dividend date of this dividend is Tuesday, October 8th. This represents a $1.41 annualized dividend and a yield of 2.94%. John Wiley & Sons’s payout ratio is -38.74%.

John Wiley & Sons Trading Up 3.1 %

The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 1.27. The stock’s fifty day moving average price is $46.06 and its 200 day moving average price is $41.42. The stock has a market cap of $2.60 billion, a P/E ratio of -12.78 and a beta of 0.68.

John Wiley & Sons Company Profile

John Wiley & Sons, Inc operates as a research and education company worldwide. The company operates through three segments: Research, Academic, and Talent. The company offers scientific, technical, medical, and scholarly journals, as well as related content and services to learned societies, individual researchers, other professionals, and academic, corporate, and government libraries.