SCHOLASTIC CORPORATION ANNOUNCES SECOND QUARTER DIVIDEND

Rhea-AI Summary

Scholastic Corporation (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.20 per share on its Class A and Common Stock for Q2 of fiscal 2023. This dividend is set to be paid on December 15, 2022, to shareholders on record by the close of business on October 31, 2022. Scholastic, known for its extensive contributions to children’s literacy, remains a key player in educational publishing and distribution.

Positive

• Quarterly dividend of $0.20 per share announced for Q2 2023, reflecting shareholder return.

Negative

• None.

NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) is pleased to announce that its Board of Directors today declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the second quarter of fiscal 2023. The dividend is payable on December 15, 2022 to all shareholders of record as of the close of business on October 31, 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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/scholastic-corporation-announces-second-quarter-dividend-301629981.html

SOURCE Scholastic Corporation

FAQ

What is the dividend amount declared by Scholastic Corporation for Q2 2023?

Scholastic Corporation declared a dividend of $0.20 per share for Q2 2023.

When will the Scholastic dividend be paid?

The dividend will be payable on December 15, 2022.

What is the record date for Scholastic's dividend?

The record date for the dividend is October 31, 2022.

How often does Scholastic Corporation pay dividends?

Scholastic Corporation typically pays dividends quarterly.

What is the significance of the dividend for SCHL shareholders?

The dividend signifies a commitment to returning value to shareholders.