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

Quad/Graphics, Inc. (NYSE:QUAD) announced a quarterly dividend on Tuesday, July 23rd, RTT News reports. Stockholders of record on Monday, August 19th will be paid a dividend of 0.05 per share by the business services provider on Friday, September 6th. This represents a $0.20 annualized dividend and a dividend yield of 3.34%.

Quad/Graphics has a payout ratio of 18.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Quad/Graphics to earn $1.10 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 18.2%.

Quad/Graphics Stock Performance

QUAD stock remained flat at $5.98 on Tuesday. The company had a trading volume of 792 shares, compared to its average volume of 144,029. The company has a market capitalization of $310.59 million, a P/E ratio of -4.79 and a beta of 1.63. The company has a current ratio of 0.87, a quick ratio of 0.58 and a debt-to-equity ratio of 5.38. The firm’s 50-day moving average price is $5.26 and its two-hundred day moving average price is $5.23. Quad/Graphics has a 12-month low of $3.96 and a 12-month high of $6.75.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, April 30th. The business services provider reported $0.10 EPS for the quarter, topping the consensus estimate of $0.02 by $0.08. Quad/Graphics had a negative net margin of 2.07% and a positive return on equity of 18.67%. The business had revenue of $654.80 million for the quarter, compared to analysts’ expectations of $648.30 million. On average, sell-side analysts predict that Quad/Graphics will post 0.74 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on QUAD. StockNews.com raised Quad/Graphics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 16th. Barrington Research upped their price objective on shares of Quad/Graphics from $8.00 to $8.50 and gave the company an “outperform” rating in a research report on Friday, May 3rd. Finally, Rosenblatt Securities started coverage on shares of Quad/Graphics in a research note on Friday, May 31st. They issued a “buy” rating and a $7.50 price objective on the stock.

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.