Scholastic Corporation Announces First Quarter Dividend

Rhea-AI Summary

Scholastic Corporation (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.15 per share for the first quarter of fiscal 2021. The dividend will be paid on September 15, 2020 to shareholders recorded by the close of business on August 31, 2020. Scholastic is committed to literacy and education, being a major publisher and distributor of children's books and educational materials globally.

Positive

• Declared a quarterly cash dividend of $0.15 per share.
• Dividend payment reflects company confidence and sustainability.

Negative

• None.

NEW YORK, July 22, 2020 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) is pleased to announce that its Board of Directors today declared a quarterly cash dividend of $0.15 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2021.  The dividend is payable on September 15, 2020 to all shareholders of record as of the close of business on August 31, 2020. 

About Scholastic
For 100 years, Scholastic Corporation (NASDAQ: SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation as a trusted partner to educators and families, Scholastic is the world's largest publisher and distributor of children's books, a leading provider of literacy curriculum, professional services, and classroom magazines, and a producer of educational and entertaining children's media. The Company creates and distributes bestselling books and e-books, print and technology-based learning programs for preK to grade 12, and other products and services that support children's learning and literacy, both in school and at home. With 15 international operations and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online. Learn more at www.scholastic.com.

SCHL: Financial

 

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SOURCE Scholastic Corporation

FAQ

What is the SCHL dividend payment amount for Q1 fiscal 2021?

The dividend payment amount is $0.15 per share.

When will Scholastic pay its dividend?

The dividend will be paid on September 15, 2020.

What is the record date for the SCHL dividend payment?

The record date for the dividend payment is August 31, 2020.

How often does Scholastic pay dividends?

Scholastic typically pays dividends quarterly.