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

Quad/Graphics, Inc. (NYSE:QUAD) declared a quarterly dividend on Thursday, February 13th,RTT News reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.83%. 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. 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 Trading Up 16.0 %

QUAD opened at $7.84 on Friday. 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 50 day moving average of $7.17 and a 200-day 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

A number of research firms recently weighed in on QUAD. Barrington Research reaffirmed an “outperform” rating and set a $10.00 price objective on shares of Quad/Graphics in a research report on Tuesday, November 26th. Rosenblatt Securities raised their price objective on Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, StockNews.com lowered Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 31st.

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.