Quad/Graphics, Inc. (NYSE:QUAD) Announces Quarterly Dividend of $0.08

Quad/Graphics, Inc. (NYSE:QUAD) declared a quarterly dividend on Thursday, February 13th, RTT News reports. Investors of record on Friday, February 28th will be given a dividend of 0.075 per share by the business services provider on Friday, March 14th. This represents a $0.30 annualized dividend and a yield of 4.80%. The ex-dividend date is Friday, February 28th. This is a boost from Quad/Graphics’s previous quarterly dividend of $0.05.

Quad/Graphics has a payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings.

Quad/Graphics Price Performance

Shares of QUAD opened at $6.26 on Wednesday. The firm has a market capitalization of $326.00 million, a PE ratio of -5.74 and a beta of 1.57. The stock’s 50 day moving average is $6.93 and its two-hundred day moving average is $6.22. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $9.13. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35.

Quad/Graphics (NYSE:QUAD) last posted its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.02). The business had revenue of $708.40 million during the quarter, compared to analysts’ expectations of $726.70 million. Quad/Graphics had a negative net margin of 1.90% and a positive return on equity of 58.44%. Research analysts anticipate that Quad/Graphics will post 1.08 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $10.30 price target on shares of Quad/Graphics in a report on Tuesday, February 18th. StockNews.com cut shares of Quad/Graphics from a “strong-buy” rating to a “buy” rating in a report on Friday, January 31st. Finally, Barrington Research reissued an “outperform” rating and set a $10.00 price target on shares of Quad/Graphics in a research note on Friday, February 21st.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.