Scholastic's last quarterly dividend of $0.2 per share was on Jan 30, 2023 (ex-date). The annualized dividend payment of $0.75 per share represents a current dividend yield of 1.65%.
SCHL has a dividend yield of 1.65% which is lower than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 2.86%, Scholastic's dividend yield is 42% lower. Historically SCHL's dividend yield has averaged at 1.8% in the last 5 years, which is higher 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 25% since one year ago. And with the stock price up by 11% from a year ago, the dividend yield has grown by 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 30, 2023 | Mar 15, 2023 | Dec 14, 2022 | $0.2 | normal |
| Oct 28, 2022 | Dec 15, 2022 | Sep 21, 2022 | $0.2 | normal |
| 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 39.5% which is lower than the Communication Services sector average. But in comparison with the Communication Services sector average of 41%, Scholastic's payout ratio is only 3.7% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SCHL Scholastic Corp | 1.65% | $0.75 | 39.5% |
| NYT New York Times Co | 0.98% | $0.36 | 34.6% |
| NWSA News Corp | 0.96% | $0.2 | 25% |
Yes, Scholastic has paid four dividends in the last 12 months. SCHL has been paying dividends since 2009.
SCHL hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in April 2023.
Scholastic's last regular dividend was on Jan 30, 2023 (ex-date) with the amount of $0.2 per share.
SCHL has paid dividend of $0.75 per share in the last year.
Currently Scholastic's dividend yield is 1.65%.
Scholastic pays dividends quarterly.
The dividend payout ratio of Scholastic is 39.5%.
Scholastic's dividend yield is lower than the Communication Services sector average.