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

Quad/Graphics, Inc. (NYSE:QUAD) announced a quarterly dividend on Thursday, February 13th,RTT News reports. Shareholders 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% 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 Stock Performance

Shares of QUAD opened at $7.84 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.85 and a debt-to-equity ratio of 8.35. Quad/Graphics has a one year low of $4.06 and a one year high of $9.13. The business has a fifty day moving average of $7.17 and a 200 day moving average of $6.07.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on QUAD. StockNews.com lowered Quad/Graphics from a “strong-buy” rating to a “buy” rating in a report on Friday, January 31st. Barrington Research reaffirmed an “outperform” rating and issued a $10.00 price objective on shares of Quad/Graphics in a report on Tuesday, November 26th. Finally, Rosenblatt Securities lifted their price objective on Quad/Graphics from $7.70 to $10.30 and gave the stock a “buy” rating in a report on Monday, November 25th.

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.