NEW YORK ( TheStreet) -- The ex-dividend date for Scholastic Corporation (Nasdaq: SCHL) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $28.39 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Scholastic has been 159,800 shares per day over the past 30 days. Scholastic has a market cap of $866.9 million and is part of the services sector and media industry. Shares are down 4.1% year to date as of the close of trading on Tuesday. Scholastic Corporation, together with its subsidiaries, operates as a children's publishing, education, and media company primarily in the United States. The company has a P/E ratio of 20.7, below the average media industry P/E ratio of 24.4 and above the S&P 500 P/E ratio of 17.7.
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