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Scholastic Corporation Announces Third Quarter Dividend

Scholastic (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.20 per share on both its Class A and Common Stock for the third quarter of fiscal 2025.

(Neutral)

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Rhea-AI Summary

Scholastic (NASDAQ: SCHL) has declared a quarterly cash dividend of $0.20 per share on both its Class A and Common Stock for the third quarter of fiscal 2025. The dividend will be paid on March 14, 2025, to shareholders recorded as of the close of business on January 31, 2025.

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Positive

  • Consistent dividend payment demonstrates financial stability
  • $0.20 per share quarterly dividend provides steady income stream to shareholders

Negative

  • None.
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-2.22% session move Open Argus
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News Market Reaction – SCHL

The recorded move for SCHL in the trading session of this news was -2.22%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Dec. 11, 2024 /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 2025. The dividend is payable on March 14, 2025, to all shareholders of record as of the close of business on January 31, 2025.

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.

What is the dividend amount for Scholastic (SCHL) in Q3 fiscal 2025?

Scholastic (SCHL) declared a quarterly cash dividend of $0.20 per share for Q3 fiscal 2025.

When is the payment date for SCHL's Q3 2025 dividend?

The dividend payment date is March 14, 2025.

What is the record date for Scholastic's Q3 2025 dividend?

The record date is January 31, 2025, at the close of business.

Which share classes of SCHL are eligible for the Q3 2025 dividend?

Both Class A and Common Stock shareholders are eligible for the dividend payment.

How often does Scholastic (SCHL) pay dividends?

Scholastic pays dividends on a quarterly basis.

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