Scholastic Corporation Announces Third Quarter Dividend
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.
News Market Reaction
On the day this news was published, SCHL declined 2.15%, reflecting a moderate negative market reaction. Argus tracked a trough of -11.4% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $16M from the company's valuation, bringing the market cap to $723M at that time.
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-third-quarter-dividend-302644965.html
SOURCE Scholastic Corporation
FAQ
How much is Scholastic's (SCHL) declared dividend for Q3 fiscal 2026?
When will Scholastic (SCHL) pay the Q3 fiscal 2026 dividend?
What is the record date for Scholastic's (SCHL) March 16, 2026 dividend?
Which Scholastic shares are eligible for the $0.20 dividend?
Does the Scholastic (SCHL) announcement change dividend frequency or amount beyond Q3 fiscal 2026?
