HOBOKEN, N.J.--(BUSINESS WIRE)--John Wiley & Sons, Inc. (NYSE:JWa and JWb), a global provider of knowledge and learning solutions that improve outcomes in research, professional practice, and education, announced that the Board of Directors has declared a quarterly cash dividend of $0.31 per share on its Class A and Class B Common Stock, payable on October 19, 2016 to shareholders of record on October 4, 2016.
In June, the Board of Directors increased Wiley’s quarterly cash dividend by 3.3% to $0.31 per share on its Class A and Class B Common Stock. It was the 23rd consecutive annual increase and raised the annualized dividend payout to $1.24 per share. Between 2006 and 2016, Wiley raised its annualized dividend from $0.40 per share to $1.24 per share.
Wiley is a global provider of knowledge and knowledge-enabled services that improve outcomes in areas of research, professional practice and education. Through the Research segment, the Company provides digital and print scientific, technical, medical, and scholarly journals, reference works, books, database services, and advertising. The Professional Development segment provides digital and print books, online assessment and training services, and test prep and certification. In Education, Wiley provides education solutions including online program management services for higher education institutions and course management tools for instructors and students, as well as print and digital content.