John Wiley & Sons Dividend Deemed Safe for Retirees After 32 Years of Increases

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โดย Yahoo Finance·Read original
Summary · why it matters

John Wiley & Sons offers a 3.21% dividend yield backed by a 38% free cash flow payout ratio and 32 consecutive years of increases, making it a safe income choice for retirees. The company paid $74.358 million in dividends against $195.341 million in free cash flow in fiscal 2026, with operating cash flow covering the dividend 3.5 times. Even during a $200.3 million net loss in fiscal 2024, Wiley fully funded its dividend from operating cash flow. CEO Matthew Kissner guided fiscal 2027 free cash flow to $205 million, nearly triple the amount needed to cover dividends, while the recent $452 million Emerald Publishing acquisition pushed pro forma leverage to a manageable 2.1 times. The dividend growth rate has decelerated to roughly 1% annually as management prioritizes buybacks, with $100.082 million spent on repurchases in fiscal 2026.

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Dividend deemed safe with strong free cash flow coverage and manageable leverage, supporting income for retirees.

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