Wiley Announces Quarterly Dividend

Rhea-AI Summary

Wiley (NYSE: WLY and WLYB) has declared a quarterly cash dividend of $0.3475 per share, payable on April 25, 2023, to shareholders of record on April 11, 2023. This represents an annual dividend of $1.39 per share, up from $1.38 in Fiscal 2022. Notably, this marks the 29th consecutive year that Wiley has increased its quarterly dividend. The company continues its commitment to delivering value to shareholders through consistent dividend growth.

Positive

• Quarterly cash dividend of $0.3475 per share declared.
• Annual dividend increased to $1.39, reflecting growth from $1.38.
• 29th consecutive year of dividend increase indicates strong company performance.

Negative

• None.

HOBOKEN, N.J.--(BUSINESS WIRE)-- Wiley (NYSE: WLY and WLYB), a global leader in scientific research and career-connected education, today announced that its Board of Directors has declared a quarterly cash dividend of $0.3475 per share on its Class A and Class B Common Stock, payable on April 25, 2023 to shareholders of record on April 11, 2023. The quarterly dividend is equivalent to an annual dividend of $1.39 per share, an increase from $1.38 per share in Fiscal 2022. In June 2022, Wiley raised its quarterly dividend for the 29^th consecutive year.

For more information on Wiley, please see https://investors.wiley.com.

About Wiley

Wiley is one of the world’s largest publishers and a global leader in scientific research and career-connected education. With a legacy spanning more than two centuries, Wiley enables discovery, powers education, and shapes workforces. Through its industry-leading content, digital platforms, and knowledge networks, the Company makes a true impact on the lives of people around the world by delivering on its mission to unlock human potential. Visit us at investors.wiley.com, Like us on Facebook and Follow us on Twitter and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230329005133/en/

Brian Campbell

brian.campbell@wiley.com

201.748.6874

Source: John Wiley and Sons

FAQ

What is Wiley's dividend amount for April 2023?

Wiley has declared a dividend of $0.3475 per share for April 2023.

When is Wiley's dividend payment date?

The dividend will be paid on April 25, 2023.

What was Wiley's annual dividend for Fiscal 2022?

Wiley's annual dividend for Fiscal 2022 was $1.38 per share.

How many consecutive years has Wiley increased its dividend?

Wiley has increased its dividend for 29 consecutive years.

What is the impact of the dividend increase on Wiley's shareholders?

The dividend increase enhances shareholder value and reflects the company's financial health.