SCHOLASTIC CORPORATION ANNOUNCES FOURTH QUARTER DIVIDEND

Rhea-AI Summary

Scholastic Corporation (NASDAQ: SCHL) has announced a quarterly cash dividend of $0.15 per share for the fourth quarter of fiscal 2022. This dividend is set to be paid on June 15, 2022, to shareholders of record as of the close of business on April 29, 2022. Scholastic continues to demonstrate its commitment to returning value to shareholders while focusing on its mission of promoting literacy and education for children worldwide.

Positive

• Quarterly cash dividend of $0.15 per share declared, affirming shareholder value.
• Dividend payment date set for June 15, 2022, providing clear timelines for investors.

Negative

• None.

NEW YORK, March 16, 2022 /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 fourth quarter of fiscal 2022. The dividend is payable on June 15, 2022 to all shareholders of record as of the close of business on April 29, 2022. 

About Scholastic

For more than 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 pre-K 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 dividend amount for SCHL in the fourth quarter of fiscal 2022?

The dividend amount for SCHL in the fourth quarter of fiscal 2022 is $0.15 per share.

When will the SCHL dividend be paid?

The SCHL dividend will be paid on June 15, 2022.

What is the record date for the SCHL dividend?

The record date for the SCHL dividend is April 29, 2022.

How often does SCHL pay dividends?

Scholastic Corporation pays dividends quarterly.

Is the SCHL dividend sustainable?

The sustainability of the SCHL dividend will depend on the company's future earnings and cash flow.