William H. Sadlier, Inc. Announces Dividend Suspension
April 07, 2020 at 01:19 pm EDT
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William H. Sadlier, Inc. announced that, in light of the outbreak and spread of the coronavirus known as COVID-19, its Board of Directors, at a meeting of the Board held on April 2, 2020, decided to suspend payment of an annual dividend for the time being. When the extent of the impact of COVID-19 on Sadlier’s financial condition and results of operations is more clear, the Board of Directors will reconsider the payment of a dividend.
William H. Sadlier, Inc. is primarily engaged in offering a range of educational materials in print and digital formats. The Companyâs school subjects include mathematics, vocabulary, English language arts, grammar and writing, and reading. Its Sadlier school provides noted products, such as vocabulary workshops, progress in mathematics, Sadlier math, and the new from phonics to reading. The Companyâs religion programs offer catechetical programs, sacrament programs, catechetical bilingual, sacrament bilingual and lifelong learning. The Company's Sadlier religion program provides noted products, such as Christ In Us, We Believe, and Believe, Celebrate, and Live series.