Scholastic Corp (SCHL) Raises Quarterly Dividend 25% to $0.125; 2% Yield

December 14, 2011 1:03 PM EST
Scholastic Corp (NASDAQ: SCHL) declared a quarterly dividend of $0.125 per share, or $0.5 annualized. This is a 25% increase from the prior dividend of $0.10.

The dividend will be payable on March 15, 2012, to stockholders of record on January 31, 2012, with an ex-dividend date of January 27, 2012.

The annual yield on the dividend is 2 percent.

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