HOBOKEN, N.J.--(BUSINESS WIRE)-- John Wiley and Sons (NYSE:JWa and JWb), a global research and learning company, today announced that the Board of Directors has declared a quarterly cash dividend of $0.32 per share on its Class A and Class B Common Stock, payable on October 25, 2017 to shareholders of record on October 10, 2017.
In June, Wiley increased its quarterly dividend to $0.32 per share, reflecting a 3% increase over the previous quarterly payout of $0.31 per share and marking the 24th consecutive year that Wiley raised its quarterly dividend. Between June 2007 and June 2017, Wiley raised its annualized dividend from $0.44 per share to $1.28 per share.
Wiley is a global research and learning company. Through the Research segment, the Company provides scientific, technical, medical, and scholarly journals, as well as related content and services, for academic, corporate, and government libraries, learned societies, and individual researchers and other professionals. The Publishing segment provides scientific (STM), professional development, and education books and related content, as well as test preparation services and course workflow tools, to libraries, corporations, students, professionals, and researchers. In Solutions, Wiley provides online program management services for higher education institutions, and learning, development, and assessment services for businesses and professionals.
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Source: John Wiley and Sons