Scholastic's last quarterly dividend of $0.2 per share was on Aug 30, 2022 (ex-date). The annualized dividend payment of $0.65 per share represents a current dividend yield of 2.09%. The latest SCHL payout of $0.2 marks a dividend growth of 33%.
SCHL has a dividend yield of 2.09% which is lower than the Communication Services sector average. In comparison with the Communication Services sector average of 3.03%, Scholastic's dividend yield is 31% lower. Historically SCHL's dividend yield has averaged at 1.8% in the last 5 years, which is lower than the current one.
Scholastic has a history of paying dividends since 2009. Our records of SCHL show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 8% since one year ago. And with the stock price down by 16% from a year ago, the dividend yield has grown by 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 30, 2022 | Sep 15, 2022 | Jul 20, 2022 | $0.2 | normal |
| Apr 28, 2022 | Jun 15, 2022 | Mar 16, 2022 | $0.15 | normal |
| Jan 28, 2022 | Mar 15, 2022 | Dec 15, 2021 | $0.15 | normal |
| Oct 28, 2021 | Dec 15, 2021 | Sep 22, 2021 | $0.15 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Jul 21, 2021 | $0.15 | normal |
| Apr 29, 2021 | Jun 15, 2021 | Mar 17, 2021 | $0.15 | normal |
| Jan 28, 2021 | Mar 15, 2021 | Dec 16, 2020 | $0.15 | normal |
| Oct 29, 2020 | Dec 15, 2020 | Sep 23, 2020 | $0.15 | normal |
| Aug 28, 2020 | Sep 15, 2020 | Jul 22, 2020 | $0.15 | normal |
| Apr 29, 2020 | Jun 15, 2020 | Mar 18, 2020 | $0.15 | normal |
| Jan 30, 2020 | Mar 16, 2020 | Dec 11, 2019 | $0.15 | normal |
| Oct 30, 2019 | Dec 16, 2019 | Sep 18, 2019 | $0.15 | normal |
| Aug 29, 2019 | Sep 16, 2019 | Jul 24, 2019 | $0.15 | normal |
| Apr 29, 2019 | Jun 17, 2019 | Mar 20, 2019 | $0.15 | normal |
| Jan 30, 2019 | Mar 15, 2019 | Dec 12, 2018 | $0.15 | normal |
| Oct 30, 2018 | Dec 17, 2018 | Sep 26, 2018 | $0.15 | normal |
| Aug 30, 2018 | Sep 17, 2018 | Jul 18, 2018 | $0.15 | normal |
| Apr 27, 2018 | Jun 15, 2018 | Mar 21, 2018 | $0.15 | normal |
| Jan 30, 2018 | Mar 15, 2018 | Dec 13, 2017 | $0.15 | normal |
| Oct 30, 2017 | Dec 15, 2017 | Sep 20, 2017 | $0.15 | normal |
| Aug 29, 2017 | Sep 15, 2017 | Jul 19, 2017 | $0.15 | normal |
| Apr 26, 2017 | Jun 15, 2017 | Mar 22, 2017 | $0.15 | normal |
| Jan 27, 2017 | Mar 15, 2017 | Dec 14, 2016 | $0.15 | normal |
| Oct 27, 2016 | Dec 15, 2016 | Sep 21, 2016 | $0.15 | normal |
| Aug 29, 2016 | Sep 15, 2016 | Jul 20, 2016 | $0.15 | normal |
| Apr 27, 2016 | Jun 15, 2016 | Mar 23, 2016 | $0.15 | normal |
SCHL has a payout ratio of 38.2% which is lower than the Communication Services sector and the industry average. But in comparison with the Communication Services sector average of 38.7%, Scholastic's payout ratio is only 1.3% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCHL Scholastic Corp | 2.09% | $0.65 | 38.2% |
| NWSA News Corp | 1.24% | $0.2 | 18.9% |
| NYT New York Times Co | 1.06% | $0.32 | 27.8% |
Yes, Scholastic has paid four dividends in the last 12 months. SCHL has been paying dividends since 2009.
SCHL's next dividend date is Oct 28, 2022 (ex-date).
Scholastic's last regular dividend was on Aug 30, 2022 (ex-date) with the amount of $0.2 per share.
SCHL has paid dividend of $0.65 per share in the last year.
Currently Scholastic's dividend yield is 2.09%.
Scholastic pays dividends quarterly.
The dividend payout ratio of Scholastic is 38.2%.
Scholastic's dividend yield is lower than the Communication Services sector average.