Scholastic Corporation Announces Third Quarter Dividend

Scholastic Corporation (NASDAQ: SCHL) announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share on Class A and Common Stock for the third quarter of fiscal 2026.

Rhea-AI Summary

Scholastic Corporation (NASDAQ: SCHL) announced its Board of Directors has declared a quarterly cash dividend of $0.20 per share on Class A and Common Stock for the third quarter of fiscal 2026.

The dividend is payable on March 16, 2026 to shareholders of record at the close of business on January 30, 2026.

Positive

• Quarterly cash dividend of $0.20 per share
• Payable March 16, 2026; Record date January 30, 2026

Negative

• None.

Argus Dec 18 session

+0.42% close to close Open Argus

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News Market Reaction – SCHL

On Dec 18, the first trading day after this news, SCHL closed 0.42% above the previous close.

Data tracked by StockTitan Argus for the Dec 18 session.

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NEW YORK, Dec. 17, 2025 /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 third quarter of fiscal 2026. The dividend is payable on March 16, 2026, to all shareholders of record as of the close of business on January 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

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SOURCE Scholastic Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Scholastic's (SCHL) declared dividend for Q3 fiscal 2026?

The Board declared a $0.20 per share quarterly cash dividend.

When will Scholastic (SCHL) pay the Q3 fiscal 2026 dividend?

The dividend is payable on March 16, 2026.

What is the record date for Scholastic's (SCHL) March 16, 2026 dividend?

Shareholders of record as of the close of business on January 30, 2026 will receive the dividend.

Which Scholastic shares are eligible for the $0.20 dividend?

The dividend applies to the company's Class A and Common Stock.

Does the Scholastic (SCHL) announcement change dividend frequency or amount beyond Q3 fiscal 2026?

The announcement covers only the Q3 fiscal 2026 dividend of $0.20 per share; no other frequency or amount changes were disclosed.