John Wiley & Sons hikes dividend for 23rd consecutive year
The quarterly dividend will be increased to 31 cents per share, marking 23 consecutive years of higher dividend payments by the global provider of knowledge and knowledge-enabled services that improve outcomes in research, professional practice, and education.
The $0.31 per share reflects an increase of 3.3% over the previous quarterly payout of $0.30 per share, and marks the 23rd consecutive year that Wiley has raised its quarterly dividend. Between 2006 and 2016, Wiley raised its annualized dividend from $0.40 per share to $1.24 per share.
John Wiley & Sons currently has an estimated dividend yield of 2.4%.
Source: John Wiley & Sons