Quad Graphics, Inc (NYSE:QUAD) Shares to Pay Quarterly Dividend of $0.10

Key Points

• Quad Graphics declared a quarterly dividend of $0.10 per share, payable December 4 to shareholders of record on November 17. The annualized dividend is $0.40 per share, representing a 4.3% yield.
• The dividend appears well covered, with a current payout ratio of 38.1%; analysts expect next year’s earnings to support a projected payout ratio of 26.3%.
• Quad Graphics shares fell 2.0% to $9.37 in midday trading. The company recently reported quarterly EPS of $0.24, exceeding analysts’ $0.20 estimate, while revenue of $577.5 million also surpassed expectations.

Quad Graphics, Inc (NYSE:QUAD - Get Free Report) declared a quarterly dividend on Wednesday, October 21st. Stockholders of record on Tuesday, November 17th will be given a dividend of $0.10 per share by the business services provider on Friday, December 4th. This represents a $0.40 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, November 17th.

Quad Graphics has increased its dividend by an average of 0.1% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Quad Graphics has a payout ratio of 38.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Quad Graphics to earn $1.52 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 26.3%.

Quad Graphics Trading Down 2.0%

QUAD traded down $0.19 during midday trading on Wednesday, reaching $9.37. 279,717 shares of the company were exchanged, compared to its average volume of 248,964. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.60 and a current ratio of 0.87. Quad Graphics has a one year low of $5.12 and a one year high of $11.15. The stock has a market capitalization of $482.04 million, a P/E ratio of 14.87 and a beta of 1.12. The stock's 50-day simple moving average is $9.77 and its 200 day simple moving average is $8.61.

Quad Graphics (NYSE:QUAD - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.04. The business had revenue of $577.50 million during the quarter, compared to analysts' expectations of $545.15 million. Quad Graphics had a net margin of 1.31% and a return on equity of 47.90%. As a group, analysts forecast that Quad Graphics will post 1.27 earnings per share for the current fiscal year.

Quad Graphics Company Profile

Quad/Graphics, Inc, doing business as Quad, is a marketing experience company that helps brands develop, produce and distribute print and digital communications. Its services span creative development, content management, media planning and placement, marketing strategy, data and analytics, and production services.

The company is also a major provider of commercial printing and related production capabilities. Its offerings include catalogs, magazines, direct-mail materials, packaging, marketing collateral, in-store displays and other printed products.

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