Scholastic Corporation (NASDAQ: SCHL) announced today that its Board of Directors approved a 25% increase in its regular quarterly dividend to $0.25 per share from $0.20 per share on the Company's Class A and Common Stock, commencing with the dividend declared for the first quarter of fiscal 2027. The dividend is payable on September 15, 2026, to all shareholders of record as of the close of business on August 31, 2026. The indicated annual dividend rate will now be $1.00 per share.