Quad/Graphics, Inc. (NYSE:QUAD) Raises Dividend to $0.08 Per Share

Quad/Graphics, Inc. (NYSE:QUAD) declared a quarterly dividend on Thursday, February 13th,RTT News reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.075 per share by the business services provider on Friday, March 14th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.44%. This is a positive change from Quad/Graphics’s previous quarterly dividend of $0.05.

Quad/Graphics has a payout ratio of 5.2% meaning its dividend is sufficiently covered by earnings. 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 Down 2.5 %

QUAD stock opened at $6.76 on Thursday. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85. The business has a fifty day simple moving average of $7.17 and a 200-day simple moving average of $6.07. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13.

Wall Street Analyst Weigh In

QUAD has been the topic of a number of research reports. Barrington Research restated an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a report on Tuesday, November 26th. Rosenblatt Securities raised their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a report on Monday, November 25th. Finally, StockNews.com downgraded shares of Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st.

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.