Dividend increased 3% to $1.32 Per Share Annualized; Sets Annual Meeting Date
John Wiley and Sons (NYSE:JWA)(NYSE:JWB), a global research and
education company, today announced that its Board of Directors has
declared a quarterly cash dividend of $0.33 per share on its Class A and
Class B Common Stock, payable on July 18, 2018 to shareholders of record
on July 3, 2018. The $0.33 per share reflects an increase of 3.1% over
the previous quarterly payout of $0.32 per share, and marks the 25th
consecutive year that Wiley has raised its quarterly dividend. For the
ten-year period ending June 2018, the Company has increased its
annualized dividend from $0.52 per share to $1.32 per share.
In fiscal year 2018, Wiley repurchased 713,199 shares for $39.7 million,
an average cost of $55.65 per share. Approximately 3.1 million shares
remained in the current authorization program as of April 30.
The Wiley Board of Directors has set the date of the Annual Meeting of
Shareholders as Thursday, September 27, 2018. It will be held at 8am
EST at the Company's headquarters in Hoboken, NJ and will also be
available via webcast. The record date for the Annual Meeting is set
for August 3, 2018.
To access the Company’s fourth quarter and fiscal year 2018 results,
please see: http://newsroom.wiley.com/press-release/all-corporate-news/wiley-reports-fourth-quarter-and-fiscal-year-2018-results
About Wiley
Wiley, a global research and education company, helps people and
organizations develop the skills and knowledge they need to succeed. Our
online scientific, technical, medical, and scholarly journals, combined
with our digital learning, assessment and certification solutions help
universities, academic societies, businesses, governments and
individuals increase the academic and professional impact of their work.
For more than 200 years, we have delivered consistent performance to our
stakeholders. The Company's website can be accessed at www.wiley.com.
.
John Wiley and Sons
Investor:
Brian Campbell, Investor Relations
201-748-6874
brian.campbell@wiley.com
or
Corporate Secretary:
Joanna Jia, 201-748-6020
jjia@wiley.com