John Wiley & Sons (NYSE:WLYB) Sees Unusually-High Trading Volume – Here’s What Happened

John Wiley & Sons, Inc. (NYSE:WLYB) saw strong trading volume on Thursday . 12,164 shares were traded during trading, an increase of 1,707% from the previous session’s volume of 673 shares.The stock last traded at $42.55 and had previously closed at $42.27.

John Wiley & Sons Stock Down 1.3 %

The stock has a fifty day moving average price of $42.26 and a 200 day moving average price of $45.60. The stock has a market capitalization of $2.25 billion, a P/E ratio of -45.84 and a beta of 0.68. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.66 and a quick ratio of 0.61.

John Wiley & Sons Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Tuesday, April 8th will be given a $0.3525 dividend. The ex-dividend date is Tuesday, April 8th. This represents a $1.41 dividend on an annualized basis and a dividend yield of 3.38%. John Wiley & Sons’s dividend payout ratio (DPR) is currently 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.