John Wiley & Sons's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
John Wiley & Sons (NYSE:WLY) announced it will pay a quarterly dividend of 35 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 35 cents lower. Shareholders who own WLY as of the end of Tuesday's session are eligible to receive the dividend, which will be paid out on July 20, 2023.
June 30, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
John Wiley & Sons (NYSE:WLY) will pay a quarterly dividend of 35 cents per share. The stock will go ex-dividend on Wednesday, which may cause the stock to open lower.
The company's announcement of a dividend payout typically leads to a decrease in the stock price on the ex-dividend date. This is because the stock price is adjusted to reflect the payout. Therefore, it is expected that the stock price of WLY will open lower on Wednesday.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100