Scholastic Corp(NASDAQ:SCHL) Declares Dividend of $0.1500.

Scholastic Corp (NASDAQ:SCHL) had declared a cash dividend of $0.1500 on Sep 21, 2016. The shares will quote ex-dividend on Oct 27, 2016 and the record date has been fixed for Oct 31, 2016. On Sep 21, 2016 share price, the yield comes out to be 1.5464%. The dividend payable date has been fixed on Dec 15, 2016.

Scholastic Corp (SCHL) shares turned negative on Tuesdays trading session with the shares closing down -0.56 points or -1.42% at a volume of 98,173. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $39.535. The peak price level was also seen at $39.535 while the days lowest was $38.78. Finally the shares closed at $38.8. The 52-week high of the shares is $44.24 while the 52-week low is $30.34. According to the latest information available, the market cap of the company is $1,331 M.

Scholastic Corp(SCHL) last announced its earnings results on Jul 21, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $513.80M. Analysts had an estimated revenue of $501.60M. Earnings per share were $1.22. Analysts had estimated an EPS of $0.95.

Several Insider Transactions has been reported to the SEC. On Aug 23, 2016, Richard Robinson (director officer 10% owner (CEO, Chairman and Pre) sold 18,158 shares at $40.60 per share price.Also, On Aug 22, 2016, Judith Newman (EVP, President, Book Clubs) sold 400 shares at $41.25 per share price.On Aug 16, 2016, Alan J Boyko (President, Schl Book Fairs) sold 10,000 shares at $40.16 per share price, according to the Form-4 filing with the securities and exchange commission.

Scholastic Corporation is a publisher and distributor of children’s books. The Company has three segments: Children’s Book Publishing and Distribution Education and International. The Company’s Children’s Book Publishing and Distribution segment includes the publication and distribution of children’s books e-books media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. Its Education segment includes the publication and distribution to schools and libraries of children’s books classroom magazines supplemental classroom materials and print and online reference and non-fiction products for grades pre-K to 12 in the United States. Its International segment includes the publication and distribution of products and services outside the United States by its international operations and its export and foreign rights businesses.

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