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 4.44%. This is a positive change from Quad/Graphics’s previous quarterly dividend of $0.05.

Quad/Graphics has a dividend payout ratio of 5.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Quad/Graphics to earn $1.08 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 18.5%.

Quad/Graphics Stock Performance

Shares of QUAD opened at $6.76 on Thursday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. The stock’s 50 day moving average is $7.17 and its two-hundred day moving average is $6.07. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $9.13.

Analyst Ratings Changes

Several research analysts have issued reports on QUAD shares. Rosenblatt Securities increased their price objective on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a research report on Monday, November 25th. StockNews.com downgraded 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 objective on shares of Quad/Graphics in a report on Tuesday, November 26th.

About Quad/Graphics

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.