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

Quad/Graphics, Inc. (NYSE:QUAD) announced a quarterly dividend on Wednesday, October 23rd,RTT News reports. Shareholders of record on Monday, November 18th will be given 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 2.82%. The ex-dividend date of this dividend is Monday, November 18th.

Quad/Graphics has a dividend payout ratio of 16.1% meaning its dividend is sufficiently covered by earnings. Equities research 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 Price Performance

QUAD stock opened at $7.09 on Friday. The firm has a 50 day simple moving average of $5.52 and a 200 day simple moving average of $5.20. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $7.94. The company has a debt-to-equity ratio of 8.35, a quick ratio of 0.56 and a current ratio of 0.85.

Quad/Graphics (NYSE:QUAD) last released its earnings results on Monday, October 28th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. Quad/Graphics had a negative net margin of 2.82% and a positive return on equity of 42.63%. The company had revenue of $674.80 million during the quarter, compared to the consensus estimate of $654.90 million. During the same quarter in the prior year, the firm earned $0.11 EPS. On average, equities analysts forecast that Quad/Graphics will post 0.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on QUAD shares. StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th. Barrington Research boosted their target price on shares of Quad/Graphics from $8.50 to $10.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, Rosenblatt Securities restated a “buy” rating and set a $7.60 price target on shares of Quad/Graphics in a research note on Friday, October 25th.

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.