Scholastic Corporation Announces Second Quarter Dividend
Rhea-AI Summary
Scholastic Corporation (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.20 per share for both its Class A and Common Stock for the second quarter of fiscal 2026. The dividend will be distributed on December 15, 2025, to shareholders recorded as of October 31, 2025.
Positive
- Consistent dividend payment demonstrates commitment to shareholder returns
Negative
- None.
News Market Reaction 2 Alerts
On the day this news was published, SCHL gained 0.85%, reflecting a mild positive market reaction. Argus tracked a trough of -15.1% from its starting point during tracking. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $691M at that time. Trading volume was elevated at 2.4x the daily average, suggesting notable buying interest.
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-second-quarter-dividend-302559583.html
SOURCE Scholastic Corporation