Scholastic Corporation Declares Quarterly Dividend for 2026
NEW YORK – Scholastic Corporation (NASDAQ: SCHL) has made an important announcement regarding its commitment to enhancing shareholder value. Recently, the Board of Directors declared a quarterly cash dividend of $0.20 per share for its Class A and Common Stock. This decision reinforces Scholastic's strong financial position and commitment to returning value to its shareholders.
Details of the Dividend
The dividend will be payable on March 16, 2026. This payout is to be distributed to all shareholders who are on record as of the close of business on January 30, 2026. This consistent dividend payment reflects Scholastic's ongoing profitability and its continued commitment to its investors.
About Scholastic Corporation
For over a century, Scholastic Corporation (NASDAQ: SCHL) has been a leader in children's publishing and education. It meets children where they are – be it in schools, at home, or in their neighborhoods – crafting quality content and experiences centered on literacy. By delivering compelling stories, memorable characters, and invaluable learning resources, Scholastic empowers all children to become lifelong readers and learners.
Innovative Learning Experiences
Scholastic provides a wide array of bestselling children's books, literacy resources, and engaging educational materials. This includes classroom magazines that inspire learning, as well as entertaining media that captivates young audiences. The company is renowned as the world's largest publisher and distributor of children's books, reaching children through school-based book clubs, book fairs, classroom libraries, and retail outlets.
Global Reach and Commitment to Education
Scholastic's outreach extends to more than 135 countries, making it a pivotal player in the global education landscape. By encouraging personal and intellectual growth, the company fosters a deep, lifelong relationship with reading and learning. This dedication is evident in every initiative they pursue, aimed at building enthusiasm and a love for literature among children worldwide.
The Future of Scholastic
Looking ahead, Scholastic is committed to innovating and enriching the learning experiences it offers. By nurturing young readers through captivating literature and educational resources, the company aims to inspire a new generation to engage with literature actively. Scholastic's enduring legacy is not just in publishing books, but in how it cultivates lifelong learners in communities everywhere.
Frequently Asked Questions
1. What is the latest dividend declared by Scholastic Corporation?
Scholastic Corporation has declared a quarterly cash dividend of $0.20 per share for fiscal 2026.
2. When will the dividend be paid out?
The dividend is scheduled to be paid on March 16, 2026, to shareholders of record as of January 30, 2026.
3. Who can receive the dividend?
All shareholders who are on record by the specified date will receive the dividend payment.
4. How has Scholastic impacted literacy for children?
Scholastic has been a leader in promoting literacy by providing access to engaging books and educational resources that inspire a love for reading.
5. In how many countries does Scholastic operate?
Scholastic operates in over 135 countries, fostering a global commitment to children's education and literacy.