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Scholastic Corporation Announces Fourth Quarter Dividend

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Scholastic (NASDAQ: SCHL) declared a quarterly cash dividend of $0.20 per share on its Class A and Common Stock for Q4 fiscal 2026. The dividend is payable on June 15, 2026 to shareholders of record as of the close of business on April 30, 2026.

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AI-generated analysis. Not financial advice.

Positive

  • Dividend declared: $0.20 per share for Q4 fiscal 2026
  • Payment date: Payable June 15, 2026
  • Record date: Shareholders of record as of April 30, 2026

Negative

  • None.

News Market Reaction – SCHL

+2.55%
19 alerts
+2.55% News Effect
+5.8% Peak in 29 min
+$22M Valuation Impact
$871.12M Market Cap
0.1x Rel. Volume

On the day this news was published, SCHL gained 2.55%, reflecting a moderate positive market reaction. Argus tracked a peak move of +5.8% during that session. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $22M to the company's valuation, bringing the market cap to $871.12M at that time.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, March 18, 2026 /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 fourth quarter of fiscal 2026. The dividend is payable on June 15, 2026, to all shareholders of record as of the close of business on April 30, 2026.

About Scholastic

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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scholastic-corporation-announces-fourth-quarter-dividend-302717827.html

SOURCE Scholastic Corporation

FAQ

What dividend did Scholastic (SCHL) announce for Q4 fiscal 2026?

Scholastic announced a $0.20 per share quarterly cash dividend for Q4 fiscal 2026. According to the company, the dividend applies to both Class A and Common Stock and reflects the Board's declaration for the quarter.

When will Scholastic (SCHL) pay the Q4 2026 dividend and who is eligible?

The dividend is payable on June 15, 2026 to eligible shareholders. According to the company, eligibility is limited to shareholders of record at the close of business on April 30, 2026.

What is the record date for Scholastic's (SCHL) Q4 2026 dividend?

The record date is April 30, 2026; shareholders on that date are entitled to the dividend. According to the company, the record is taken at the close of business on April 30, 2026.

Does Scholastic's (SCHL) Q4 dividend apply to both Class A and Common Stock?

Yes. The dividend of $0.20 per share applies to both Class A and Common Stock. According to the company, the Board declared the payment equally for those share classes for Q4 fiscal 2026.

How should investors prepare for the Scholastic (SCHL) dividend payment timeline?

Investors should ensure they hold shares by the April 30, 2026 record date to receive the June 15 payment. According to the company, only shareholders of record at close of business April 30 will be paid on June 15, 2026.