Scholastic Corporation Announces Fourth Quarter Dividend
Rhea-AI Summary
Scholastic (NASDAQ: SCHL) has declared its fourth quarter fiscal 2025 dividend payment. The company's Board of Directors approved a quarterly cash dividend of $0.20 per share on both Class A and Common Stock. The dividend will be distributed on June 16, 2025, to shareholders who are recorded in the company's books as of the close of business on April 30, 2025.
Positive
- Consistent quarterly dividend payments showing financial stability
- Equal dividend treatment for both Class A and Common stockholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, SCHL declined 1.83%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
View original content to download multimedia:https://www.prnewswire.com/news-releases/scholastic-corporation-announces-fourth-quarter-dividend-302406202.html
SOURCE Scholastic Corporation