Quad Graphics, Inc to Issue Quarterly Dividend of $0.08 (NYSE:QUAD)

Quad Graphics, Inc (NYSE:QUAD - Get Free Report) declared a quarterly dividend on Tuesday, July 22nd, RTT News reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.075 per share by the business services provider on Friday, September 5th. This represents a $0.30 annualized dividend and a dividend yield of 5.13%. The ex-dividend date is Monday, August 18th.

Quad Graphics has a payout ratio of 28.6% indicating that its dividend is sufficiently covered by earnings.

Quad Graphics Price Performance

Shares of NYSE:QUAD traded up $0.07 during midday trading on Friday, hitting $5.85. The stock had a trading volume of 104,202 shares, compared to its average volume of 173,648. The company's 50-day moving average price is $5.60 and its 200-day moving average price is $5.83. The company has a market capitalization of $295.82 million, a P/E ratio of -15.38 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 5.03. Quad Graphics has a fifty-two week low of $4.06 and a fifty-two week high of $9.13.

Quad Graphics (NYSE:QUAD - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.13. The business had revenue of $629.40 million during the quarter, compared to analysts' expectations of $588.05 million. Quad Graphics had a negative net margin of 0.64% and a positive return on equity of 71.23%. As a group, equities research analysts predict that Quad Graphics will post 1.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

QUAD has been the subject of a number of research analyst reports. Wall Street Zen upgraded shares of Quad Graphics from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, April 2nd. Rosenblatt Securities reissued a "buy" rating and set a $8.90 target price on shares of Quad Graphics in a report on Friday, June 6th. Finally, Barrington Research reissued an "outperform" rating and set a $10.00 target price on shares of Quad Graphics in a report on Friday, May 2nd.

Institutional Investors Weigh In On Quad Graphics

A number of institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp boosted its stake in shares of Quad Graphics by 1,135.6% in the 1st quarter. Jones Financial Companies Lllp now owns 18,941 shares of the business services provider's stock valued at $103,000 after purchasing an additional 17,408 shares during the last quarter. Focus Partners Wealth bought a new position in Quad Graphics during the first quarter worth $144,000. Empowered Funds LLC boosted its stake in Quad Graphics by 7.3% during the first quarter. Empowered Funds LLC now owns 315,209 shares of the business services provider's stock worth $1,718,000 after acquiring an additional 21,448 shares in the last quarter. Finally, AQR Capital Management LLC bought a new position in Quad Graphics during the first quarter worth $2,101,000. 39.52% of the stock is owned by institutional investors.

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.