HOBOKEN, N.J.--(EON: Enhanced Online News)--John Wiley & Sons, Inc. (NYSE: JWa and JWb), a global provider of knowledge and learning services primarily in areas of science, technology, medicine, mathematics, engineering, and business, 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 January 13, 2017 to shareholders of record on December 27, 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, a global company, helps people and organizations develop the skills and knowledge they need to succeed. Through its Research segment, the Company provides scientific, technical, medical, and scholarly journals, as well as related content and services, for academic, corporate, and government libraries, learned societies, and individual researchers and other professionals. In areas of Publishing, Wiley provides scientific, professional development, and education books and related content, as well as test preparation services and course workflow tools, to libraries, corporations, students, professionals, and researchers. Through its Solutions segment, Wiley provides online program management services for higher education institutions, and learning, development, and assessment services for businesses and professionals.