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Wiley Announces Quarterly Dividend; Recently Raised Dividend for the 32nd Consecutive Year
Businesswireยท 2025-09-25 11:30
Core Points - Wiley has declared a quarterly cash dividend of $0.355 per share, marking the 32nd consecutive year of dividend increases, with an annual dividend now at $1.42 per share, up from $1.41 in Fiscal 2025 [1][9] - The company has approved a $250 million share repurchase authorization, an increase from the previous $200 million authorization in 2020 [2] - For Fiscal 2025, Wiley allocated $76 million to dividends and $60 million to share repurchases [2] - In the first quarter of Fiscal 2026, Wiley reported revenue of $397 million, a decrease from $404 million due to divested businesses, but operating income increased by 7% to $31 million [7]