John Wiley & Sons Approved To Repurchase Shares (JW-A)
Publishing company, John Wiley & Sons Inc (JW-A) was approved earlier today for the repurchase of 4 million of its own shares.
The New Jersey company specializes in academic publishing for both undergrad and graduate level students, but it is perhaps best know for the “For Dummies” series.
Shares of John Wiley & Sons were down 48 cents, or -1.20%, at the close of Thursday afternoon trading, following in the general market trend. The stock is up 6% year-to-date.
The Bottom Line
Shares of John Wiley & Sons (JW-A) have a dividend yield of 2.43% based on Thursday’s final trading price of $39.47 and the company’s annualized dividend payout of 96 cents per share.
John Wiley & Sons (JW-A) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars.
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