Scholastic (SCHL) Dividends & Splits

Scholastic Corp (SCHL) is a publicly traded company that offers educational materials and services to schools, teachers, and parents. As part of its financial operations, Scholastic Corp pays dividends to its shareholders and has occasionally undergone stock splits to adjust its share price. Dividends are a portion of the company's profits that are distributed to shareholders on a per-share basis. The dividend yield is a measure of the annual dividend payments relative to the company's stock price. It is calculated by dividing the annual dividends per share by the stock price. The payout ratio, on the other hand, represents the percentage of earnings that is paid out as dividends to shareholders.

Regarding Scholastic Corp, specific information about its dividends and splits can be obtained through financial reports and announcements released by the company. The dividend ex-date is an important date for shareholders as it determines whether they are eligible to receive the upcoming dividend payment. A stock split, on the other hand, involves dividing each existing share into multiple shares in order to lower the stock price and make it more affordable for investors. The split multiple refers to the ratio by which the shares are split, such as 2-for-1 or 3-for-1.