Scholastic Corporation (NASDAQ:SCHL) announced that its Board of
Directors today declared a quarterly cash dividend of $0.075 per share
on the Company’s Class A and Common Stock for
the second fiscal quarter of 2009. The dividend is payable on December
15, 2008 to shareholders of record as of the close of business on
October 31, 2008.
About Scholastic:
Scholastic Corporation (NASDAQ: SCHL) is the world’s
largest publisher and distributor of children’s
books and a leader in educational technology and children’s
media. Scholastic creates quality educational and entertaining materials
and products for use in school and at home, including children's books,
magazines, technology-based products, teacher materials, television
programming, film, videos and toys. The Company distributes its products
and services through a variety of channels, including proprietary
school-based book clubs and school-based book fairs, retail stores,
schools, libraries, television networks and the Company’s
Internet Site, www.scholastic.com.
Scholastic Corporation
Media: Kyle Good, 212-343-4563
Investor
Relations: Jeffrey Mathews, 212-343-6741
