Quad/Graphics, Inc. (NYSE:QUAD) Declares Dividend Increase - $0.08 Per Share

Quad/Graphics, Inc. (NYSE:QUAD - Get Free Report) announced a quarterly dividend on Thursday, February 13th,RTT News reports. Stockholders 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 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase 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. Equities 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 2.6 %

Shares of QUAD stock traded down $0.21 during trading hours on Monday, hitting $7.64. 234,831 shares of the company were exchanged, compared to its average volume of 200,536. The business has a 50 day moving average of $7.14 and a two-hundred day moving average of $6.11. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. Quad/Graphics has a 52 week low of $4.06 and a 52 week high of $9.13. The company has a market capitalization of $397.94 million, a PE ratio of -4.63 and a beta of 1.57.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. StockNews.com downgraded shares of Quad/Graphics from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 31st. Barrington Research reiterated an "outperform" rating and issued a $10.00 price target on shares of Quad/Graphics in a research note on Tuesday, November 26th. Finally, Rosenblatt Securities increased their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a "buy" rating in a research note 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.