GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Scholastic Corp (NAS:SCHL) » Definitions » 3-Year Dividend Growth Rate

Scholastic (Scholastic) 3-Year Dividend Growth Rate : 10.10% (As of Feb. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Scholastic 3-Year Dividend Growth Rate?

Scholastic's Dividends per Share for the three months ended in Feb. 2024 was $0.20.

The historical rank and industry rank for Scholastic's 3-Year Dividend Growth Rate or its related term are showing as below:

SCHL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.4   Med: 10.1   Max: 18.6
Current: 10.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Scholastic was 18.60% per year. The lowest was 1.40% per year. And the median was 10.10% per year.

SCHL's 3-Year Dividend Growth Rate is ranked better than
56.28% of 215 companies
in the Media - Diversified industry
Industry Median: 7.7 vs SCHL: 10.10

During the past 12 months, Scholastic's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Scholastic's Dividend Payout Ratio for the three months ended in Feb. 2024 was 0.00. As of today, Scholastic's Dividend Yield % is 2.20%.

Good Sign:

Scholastic Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Scholastic's 3-Year Dividend Growth Rate

For the Publishing subindustry, Scholastic's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scholastic's 3-Year Dividend Growth Rate Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Scholastic's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Scholastic's 3-Year Dividend Growth Rate falls into.



Scholastic 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Scholastic  (NAS:SCHL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Scholastic's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Feb. 2024 )/ EPS without NRI (Q: Feb. 2024 )
=0.2/ -0.897
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Scholastic was 2.00. The lowest was 0.25. And the median was 0.40.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Scholastic Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-01-302024-01-312024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-10-302023-10-312023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-08-302023-08-312023-09-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Scholastic's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.6/36.42
=1.65 %

Current Share Price is $36.42.
Scholastic's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.6.

During the past 13 years, the highest Dividend Yield of Scholastic was 3.04%. The lowest was 1.23%. And the median was 1.62%.

Good Sign:

Scholastic Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Scholastic 3-Year Dividend Growth Rate Related Terms>


Scholastic (Scholastic) Business Description

Traded in Other Exchanges
Address
557 Broadway, New York, NY, USA, 10012
Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus. It has three reportable segments Children's Book Publishing and Distribution, Education Solutions and International. It majority of its revenue is from the Children's Book Publishing and Distribution segment.
Executives
John L Davies director C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Warwick Peter director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Sasha Quinton officer: President, Book Fairs C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Linda Li director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Paul Hukkanen officer: Chief Accounting Officer C/O CORPORATE SECRETARY, SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Verdell Walker director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10019
Robert Louis Dumont director C/O SCHOLASTIC INC., 557 BROADWAY, NEW YORK NY 10012
Rose Else-mitchell officer: President, Education Solutions C/O HMH; 125 HIGH STREET, BOSTON MA 02110
Richard Robinson director, 10 percent owner, officer: CEO, Chairman and President C/O SCHOLASTIC CORP, 555 BROADWAY, NEW YORK NY 10012-3999
Andres A Alonso director C/O LEGAL DEPT.,SCHOLASTIC CORPORATION, 557 BROADWAY, NEW YORK NY 10012
Judith Newman officer: EVP, Pres., BK Clubs & E-Comm C/O CORPORATE SECRETARY, SCHOLASTIC CORPORATION, NEW YORK NY 10012
Andrews S Hedden director, officer: EVP, General Counsel C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Alan J Boyko officer: President, Schl Book Fairs C/O CORPORATE SECRETARY,SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Mary Beech director C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012
Satbir Bedi officer: EVP, Chief Technology Officer C/O CORPORATE SECRETARY, SCHOLASTIC, 557 BROADWAY, NEW YORK NY 10012