Scholastic Corporation Announces Second Quarter Dividend

Rhea-AI Summary

On September 23, 2020, Scholastic Corporation (NASDAQ: SCHL) announced a quarterly cash dividend of $0.15 per share on Class A and Common Stock for Q2 of fiscal 2021. This dividend will be payable on December 15, 2020 to shareholders recorded by the close of business on October 30, 2020. Scholastic continues to support children's literacy through its extensive range of educational products and services worldwide, reinforcing its commitment to growth and shareholder value.

Positive

• Quarterly cash dividend of $0.15 per share indicates company confidence.
• Dividend payment reflects ongoing commitment to shareholder returns.

Negative

• None.

NEW YORK, Sept. 23, 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 second quarter of fiscal 2021.  The dividend is payable on December 15, 2020 to all shareholders of record as of the close of business on October 30, 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 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

View original content to download multimedia:http://www.prnewswire.com/news-releases/scholastic-corporation-announces-second-quarter-dividend-301136811.html

SOURCE Scholastic Corporation

FAQ

What is the dividend amount declared by SCHL for Q2 fiscal 2021?

Scholastic declared a dividend of $0.15 per share for Q2 fiscal 2021.

When will the SCHL dividend be paid?

The dividend will be payable on December 15, 2020.

What is the record date for the SCHL dividend?

The record date for the dividend is October 30, 2020.

How often does SCHL pay dividends?

Scholastic typically pays dividends quarterly.