1. Scholastic declares a quarterly cash dividend of $0.20 per share. 2. Dividend payable on June 16, 2025, to shareholders of record April 30, 2025. 3. Company has a strong global presence in children's literacy and media. 4. Scholastic has been a leader in publishing for over 100 years. 5. Their resources support literacy and learning in various educational formats.
Dividends often reflect strong financial health and confidence, likely appealing to investors. Historically, dividend announcements can lead to short-term price increases, indicating stability.
The dividend is a key indicator of financial stability, influencing investor decisions. While not a game-changer, it confirms the firm’s commitment to returning value to shareholders.
The dividend declaration is an immediate action, likely affecting sentiment quickly. Positive investor reactions can drive share prices up in the near term, similar to past occurrences following dividend announcements.
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 fourth quarter of fiscal 2025. The dividend is payable on June 16, 2025, to all shareholders of record as of the close of business on April 30, 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.
SCHL: Financial
SOURCE Scholastic Corporation