1. SCHL announced a quarterly dividend of $0.20 per share. 2. The dividend is payable on September 15, 2025. 3. Record date for the dividend is August 29, 2025. 4. Scholastic has over 100 years of commitment to children's literacy.
Dividends attract investors, signaling financial health and stability, thus potentially raising the stock price. Historically, dividend announcements positively impacted share prices in similar companies.
Dividend payments are critical indicators of company performance and investor confidence, likely influencing SCHL's stock demand. The anticipated payment creates an immediate focal point for investor interest.
The immediate effect from the dividend announcement will likely boost SCHL’s stock price prior to the record date. Past dividends often see price bumps around announcement times.
NEW YORK, July 16, 2025 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Common Stock for the first quarter of fiscal 2026. The dividend is payable on September 15, 2025, to all shareholders of record as of the close of business on August 29, 2025.
For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children's books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children's media.
As the world's largest publisher and distributor of children's books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.
SOURCE Scholastic Corporation