Business Context and Reporting Period
This Form 8-K Current Report was filed by John Wiley & Sons, Inc. on June 27, 2024. The filing primarily addresses a corporate action regarding shareholder dividends under Item 8.01 (Other Events).
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend policy:
- Quarterly Dividend: Increased to $0.3525 per share.
- Annualized Dividend: $1.41 per share.
- Prior Year Annual Dividend: $1.40 per share.
- Payment Date: July 25, 2024.
- Record Date: July 9, 2024.
Material Changes
The Company announced a 31st consecutive annual increase in its cash dividend. The annualized dividend rate increased by $0.01 per share compared to the prior year.
Guidance, Outlook, and Risks
This filing does not contain forward-looking guidance, management commentary on operational outlook, or specific risk factors beyond the standard legal disclaimers. The information is furnished pursuant to Item 8.01 and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the record date of July 9, 2024, to confirm eligibility for the increased dividend.
- Confirm the payment date of July 25, 2024, for cash flow planning.
- Note that this filing does not include updated revenue or earnings guidance; refer to the most recent 10-Q or 10-K for operational performance.