Scholastic Raises Quarterly Dividend 25% to $0.25

Scholastic Corporation (NASDAQ: SCHL) raised its quarterly dividend by 25% to $0.25 per share from $0.20, with the shares trading ex-dividend on Aug. 31, 2026. The new rate equates to an annual dividend of $1.00 per share.

Based on a share price of $38.40, the higher payout produces a forward annual yield of 2.6%. The increase applies to the children’s publishing and education company’s regular quarterly dividend. Scholastic’s announcement covers both its Class A and common stock. Scholastic’s dividend announcement

Business and capital-allocation context

Scholastic did not identify a single operating development as the reason for the increase. The decision nevertheless follows a fiscal year in which management emphasized capital deployment alongside a broader transformation of the company’s governance, organization, strategy and balance sheet.

In its latest annual results, Scholastic said adjusted EBITDA increased while revenue declined, reflecting stronger execution in Book Fairs, growth in Entertainment and cost controls, offset by difficult comparisons in Trade publishing and funding volatility in Education. Chief Executive Peter Warwick said the company had become more focused and was positioned to pursue growth in the new fiscal year. Scholastic fiscal 2026 results

Management also described the year as an important period for shareholder returns following sale-leaseback transactions involving major real estate assets. Scholastic used its capital for share repurchases, a tender offer and dividends while establishing a longer-term leverage framework intended to balance investment with continued capital returns. SEC-filed earnings release

Scholastic is a global children’s publishing, education and media company. Its operations include school book fairs and clubs, trade publishing, classroom materials and children’s entertainment. The company’s portfolio includes properties such as Harry Potter, The Hunger Games, Dog Man, Goosebumps and Clifford the Big Red Dog. Scholastic 2026 Form 10-K

What it means for income investors

The increase raises annual dividend income by $0.20 per share at the new quarterly rate. Scholastic carries a dividend safety score of 92 and an A safety grade, though those measures do not guarantee future payments. The company enters this event without a consecutive annual dividend-growth streak, so the increase is best viewed as a larger current distribution rather than evidence of a long-established pattern of yearly raises.