Wiley Increases Quarterly Dividend for 28th Consecutive Year
John Wiley & Sons, Inc. (JW.A)
Last john wiley & sons, inc. earnings: 3/4 08:00 am
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Source: Business Wire
HOBOKEN, N.J.--(BUSINESS WIRE)--John Wiley and Sons (NYSE: JW-A and JW-B), a global research and education company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.3450 per share on its Class A and Class B Common Stock, payable on July 21, 2021 to shareholders of record on July 6, 2021. The quarterly dividend is equivalent to an annual dividend of $1.38 per share, an increase from $1.37 per share in Fiscal 2021. It was Wiley’s 28th consecutive annual increase.In Fiscal 2021, Wiley grew Free Cash Flow by 48% to $257 million, distributing $77 million for dividends and $16 million for share repurchases. The Company ended the year with a Net Debt-to-EBITDA ratio of 1.7.To access Wiley’s Fourth Quarter and Fiscal Year 2021 results:https://newsroom.wiley.com/press-releases/press-release-details/2021/Wiley-Reports-Fourth-Quarter-and-Fiscal-Year-2021-Results/default.aspxTo access Wiley’s Fourth Quarter and Fiscal 2021 presentation and webcast: http
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