John Wiley & Sons (NYSE:WLYB) Shares Gap Up – What’s Next?

Shares of John Wiley & Sons, Inc. (NYSE:WLYB) gapped up before the market opened on Monday . The stock had previously closed at $37.35, but opened at $45.65. John Wiley & Sons shares last traded at $46.40, with a volume of 1,556 shares trading hands.

John Wiley & Sons Stock Performance

The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61. The business has a 50-day simple moving average of $41.74 and a 200-day simple moving average of $45.91. The firm has a market capitalization of $2.52 billion, a PE ratio of -51.18 and a beta of 0.65.

John Wiley & Sons Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Thursday, December 26th were given a dividend of $0.3525 per share. This represents a $1.41 annualized dividend and a yield of 3.03%. The ex-dividend date was Thursday, December 26th. This is a boost from John Wiley & Sons’s previous quarterly dividend of $0.35. John Wiley & Sons’s dividend payout ratio (DPR) is 190.54%.

About John Wiley & Sons

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.