Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education Solutions, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and fair channels, as well as trade channels. Its original publications include the Harry Potter, Hunger Games, Bad Guys, Baby-Sitters Club graphic novels, Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise the Peppa Pig and Pokemon. In addition, this segment publishes and creates books plus and novelty products for children, including titles, such as the Pastel Studio, Mini Clay World Candy Cart, LEGO Gear Bots, Never Touch series, and other titles under the Klutz and the Make Believe Ideas names; and non-fiction books under the Children's Press and Franklin Watts names. The Education Solutions segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; and print and on-line reference, and non-fiction products, as well as consulting services. The International segment offers original trade and educational publishing programs; distributes children's books, digital educational resources, and other materials through school-based book clubs, school-based book fairs, and trade channels; produces and distributes magazines; and provides online subscription services. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.
Scholastic Dividend Announcement
• Scholastic announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-10-31
• Scholastic annual dividend for 2024 was $0.80
• Scholastic annual dividend for 2023 was $0.80
• Scholastic's trailing twelve-month (TTM) dividend yield is 3.36%
• Scholastic's payout ratio for the trailing twelve months (TTM) is 100.42%
• Scholastic's dividend growth over the last five years (2018-2023) was 5.92% year
• Scholastic's dividend growth over the last ten years (2013-2023) was 4.30% year
Scholastic Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-31 | $0.20 | quarterly | 2024-12-16 |
| 2024-08-30 | $0.20 | quarterly | 2024-09-16 |
| 2024-04-29 | $0.20 | quarterly | 2024-06-17 |
| 2024-01-30 | $0.20 | quarterly | 2024-03-15 |
| 2023-10-30 | $0.20 | quarterly | 2023-12-15 |
| 2023-08-30 | $0.20 | quarterly | 2023-09-15 |
| 2023-04-27 | $0.20 | quarterly | 2023-06-15 |
| 2023-01-30 | $0.20 | quarterly | 2023-03-15 |
| 2022-10-28 | $0.20 | quarterly | 2022-12-15 |
| 2022-08-30 | $0.20 | quarterly | 2022-09-15 |
| 2022-04-28 | $0.15 | quarterly | 2022-06-15 |
| 2022-01-28 | $0.15 | quarterly | 2022-03-15 |
| 2021-10-28 | $0.15 | quarterly | 2021-12-15 |
| 2021-08-30 | $0.15 | quarterly | 2021-09-15 |
| 2021-04-29 | $0.15 | quarterly | 2021-06-15 |
| 2021-01-28 | $0.15 | quarterly | 2021-03-15 |
| 2020-10-29 | $0.15 | quarterly | 2020-12-15 |
| 2020-08-28 | $0.15 | quarterly | 2020-09-15 |
| 2020-04-29 | $0.15 | quarterly | 2020-06-15 |
| 2020-01-30 | $0.15 | quarterly | 2020-03-16 |
| 2019-10-30 | $0.15 | quarterly | 2019-12-16 |
| 2019-08-29 | $0.15 | quarterly | 2019-09-16 |
| 2019-04-29 | $0.15 | quarterly | 2019-06-17 |
| 2019-01-30 | $0.15 | quarterly | 2019-03-15 |
| 2018-10-30 | $0.15 | quarterly | 2018-12-17 |
| 2018-08-30 | $0.15 | quarterly | 2018-09-17 |
| 2018-04-27 | $0.15 | quarterly | 2018-06-15 |
| 2018-01-30 | $0.15 | quarterly | 2018-03-15 |
| 2017-10-30 | $0.15 | quarterly | 2017-12-15 |
| 2017-08-29 | $0.15 | quarterly | 2017-09-15 |
| 2017-04-26 | $0.15 | quarterly | 2017-06-15 |
| 2017-01-27 | $0.15 | quarterly | 2017-03-15 |
| 2016-10-27 | $0.15 | quarterly | 2016-12-15 |
| 2016-08-29 | $0.15 | quarterly | 2016-09-15 |
| 2016-04-27 | $0.15 | quarterly | 2016-06-15 |
| 2016-01-27 | $0.15 | quarterly | 2016-03-15 |
| 2015-10-28 | $0.15 | quarterly | 2015-12-15 |
| 2015-08-27 | $0.15 | quarterly | 2015-09-15 |
| 2015-04-28 | $0.15 | quarterly | 2015-06-15 |
| 2015-01-28 | $0.15 | quarterly | 2015-03-16 |
| 2014-10-29 | $0.15 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.15 | quarterly | 2014-09-15 |
| 2014-04-28 | $0.15 | quarterly | 2014-06-16 |
| 2014-01-29 | $0.15 | quarterly | 2014-03-17 |
| 2013-10-29 | $0.15 | quarterly | 2013-12-16 |
| 2013-08-28 | $0.12 | quarterly | 2013-09-16 |
| 2013-04-26 | $0.12 | quarterly | 2013-06-17 |
| 2013-01-29 | $0.12 | quarterly | 2013-03-15 |
Scholastic Dividend per year
Scholastic Dividend growth
Scholastic Dividend Yield
Scholastic current trailing twelve-month (TTM) dividend yield is 3.36%. Interested in purchasing Scholastic stock? Use our calculator to estimate your expected dividend yield:
Scholastic Financial Ratios
P/E ratio28.29
PEG ratio-1.58
P/B ratio0.70
ROE2.35%
Payout ratio100.42%
Current ratio1.14
Quick ratio0.64
Cash Ratio0.13
Scholastic Dividend FAQ
How much is the next Scholastic dividend?
Scholastic's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Scholastic dividend. The next Scholastic dividend will be released in January, April, August, or October.
When is Scholastic dividend paid?
Scholastic pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Scholastic pay?
The specific amount of Scholastic dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Scholastic's dividend history.
Does Scholastic stock pay dividends?
Yes, Scholastic does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Scholastic's dividend history.
How much dividend does Scholastic pay?
Scholastic paid $0.8 in 2024, $0.8 in 2023, $0.7 in 2022, $0.6 in 2021, and $0.6 in 2020.
How often does Scholastic pay dividends?
Scholastic typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, August, and October.
What is Scholastic's dividend yield?
The current dividend yield for Scholastic is 3.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Scholastic's exact dividend yield.
When does Scholastic go ex dividend?
Scholastic's ex-dividend date for the latest dividend was on 2024-10-31. Scholastic typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Scholastic dividend paid?
Scholastic pays dividends on a quarterly basis, typically around January, April, August, or October, but the exact dates can vary each year.
Will Scholastic increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Scholastic will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Scholastic dividend per share?
Scholastic paid $0.8 per share in 2024 and $0.8 per share in 2023. The amount of dividend per share that Scholastic pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Scholastic a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Scholastic a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Scholastic a dividend stock?
Yes, Scholastic is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Scholastic a good dividend stock?
Whether Scholastic is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Scholastic has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Scholastic as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Scholastic as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Scholastic pay dividends monthly?
Scholastic typically pays dividends on a quarterly basis.
Does Scholastic pay dividends quarterly?
Scholastic currently pays dividends on a quarterly basis.
Has Scholastic ever paid a dividend?
Yes, Scholastic has a history of paying dividends to its shareholders. Scholastic is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Scholastic dividend stocks?
To buy Scholastic you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Scholastic stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Scholastic stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Scholastic pay dividends 2024?
Scholastic pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Scholastic increase its dividend in 2024?
Decisions regarding Scholastic dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Scholastic dividend overview you can look into the above table of dividend history.
How Scholastic dividend works?
The Scholastic dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Scholastic's dividend process works:
1. Determination of Dividend: Scholastic's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scholastic publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scholastic distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scholastic are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Scholastic's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Scholastic publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Scholastic distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Scholastic are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Scholastic dividends paid?
Scholastic dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Scholastic sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scholastic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scholastic declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Scholastic sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Scholastic distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Scholastic declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Scholastic pay dividends?
Scholastic typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Scholastic pay dividends?
The general pattern is that Scholastic pays dividends around January, April, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Scholastic dividend safe?
The safety of Scholastic's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Scholastic's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scholastic's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Scholastic's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Scholastic's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.