Quad/Graphics, Inc. to Issue Quarterly Dividend of $0.05 (NYSE:QUAD)

Quad/Graphics, Inc. (NYSE:QUAD) declared a quarterly dividend on Wednesday, October 23rd, RTT News reports. Shareholders of record on Monday, November 18th will be paid a dividend of 0.05 per share by the business services provider on Friday, December 6th. This represents a $0.20 dividend on an annualized basis and a yield of 3.61%.

Quad/Graphics has a dividend payout ratio of 20.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Quad/Graphics to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 18.9%.

Quad/Graphics Stock Up 4.3 %

Shares of NYSE:QUAD opened at $5.54 on Thursday. The company has a market capitalization of $288.97 million, a PE ratio of -4.66 and a beta of 1.60. The company has a debt-to-equity ratio of 5.83, a current ratio of 0.85 and a quick ratio of 0.56. The business has a fifty day moving average price of $4.78 and a two-hundred day moving average price of $4.96. Quad/Graphics has a 1 year low of $3.96 and a 1 year high of $6.75.

Quad/Graphics (NYSE:QUAD) last announced its quarterly earnings data on Tuesday, July 30th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $634.20 million during the quarter, compared to the consensus estimate of $645.70 million. Quad/Graphics had a positive return on equity of 26.62% and a negative net margin of 2.00%. During the same quarter in the prior year, the company earned $0.02 EPS. Analysts forecast that Quad/Graphics will post 0.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Barrington Research reiterated an “outperform” rating and set a $8.50 price target on shares of Quad/Graphics in a research note on Friday, September 20th. StockNews.com downgraded Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 18th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $7.60 price target on shares of Quad/Graphics in a research note on Tuesday, September 24th.

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.