Scholastic Corporation Announces Quarterly Cash Dividend
New York, NY – March 19, 2025
In a recent press release, Scholastic Corporation, a leading provider of education and children’s entertainment, announced that its Board of Directors declared a cash dividend for the fourth quarter of fiscal 2025. The dividend, amounting to $0.20 per share, will be paid out to all shareholders of record as of the close of business on April 30, 2025.
Impact on Shareholders
For individual investors, this dividend payment could mean a welcome addition to their investment portfolios. The $0.20 dividend translates to a yield of approximately 1.8% based on Scholastic’s current stock price. This dividend payout is a testament to the company’s financial strength and its commitment to returning value to its shareholders.
Impact on the World
The dividend announcement is not just significant for Scholastic’s shareholders, but also has potential implications for the broader economy. The payment of dividends can help stimulate economic growth by putting more cash into the hands of individual investors, who can then choose to spend, invest, or save the money as they see fit. In the context of Scholastic, the dividend payout also reflects the company’s ongoing commitment to education, which is a critical sector for economic development and social progress.
Background on Scholastic Corporation
Scholastic Corporation is a global leader in children’s education and media, with a portfolio that includes publishing, education technology, and media production. The company’s mission is to help children around the world read and learn. Scholastic distributes quality books and other educational materials to schools and libraries, and also operates the popular book clubs for children. The company’s media production division produces and distributes films, television shows, and other media that engage and entertain children.
Conclusion
Scholastic Corporation’s announcement of a $0.20 quarterly cash dividend for the fourth quarter of fiscal 2025 is a positive sign for the company and its shareholders. The dividend payout reflects the company’s financial strength and its commitment to returning value to its investors. Furthermore, the dividend payment has potential implications for the broader economy by putting more cash into the hands of individual investors. Scholastic’s ongoing efforts in education, media production, and technology continue to make a meaningful impact on children’s lives around the world.
- Scholastic Corporation declares a $0.20 quarterly cash dividend for the fourth quarter of fiscal 2025
- The dividend is payable on June 16, 2025, to all shareholders of record as of the close of business on April 30, 2025
- The dividend payment is significant for individual investors, who will receive a yield of approximately 1.8% based on Scholastic’s current stock price
- The dividend payout also has potential implications for the broader economy by stimulating economic growth through increased cash flow to individual investors
- Scholastic Corporation is a leading provider of education and children’s entertainment, with a mission to help children around the world read and learn
