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

Key Points

• Quad Graphics, Inc announced a quarterly dividend of $0.08 per share, payable on December 5th to investors of record on November 17th, reflecting an annualized yield of 5.3%.
• The company's stock saw a decline of 1.5% to $5.71, with a reported market cap of $287.93 million and a debt-to-equity ratio of 4.85.
• In its last quarterly earnings report, Quad Graphics exceeded analysts' expectations with an earnings per share of $0.14 and quarterly revenue of $571.90 million, compared to estimates of $555.05 million.

Quad Graphics, Inc (NYSE:QUAD - Get Free Report) announced a quarterly dividend on Tuesday, October 21st. Investors of record on Monday, November 17th will be given a dividend of 0.075 per share by the business services provider on Friday, December 5th. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, November 17th.

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

Quad Graphics Stock Down 1.5%

NYSE QUAD traded down $0.09 during trading on Tuesday, reaching $5.71. 125,019 shares of the company's stock traded hands, compared to its average volume of 270,133. Quad Graphics has a 12-month low of $4.50 and a 12-month high of $9.13. The company has a debt-to-equity ratio of 4.85, a current ratio of 0.92 and a quick ratio of 0.64. The firm has a market cap of $287.93 million, a price-to-earnings ratio of -17.83 and a beta of 1.38. The company's 50 day simple moving average is $6.31 and its two-hundred day simple moving average is $5.80.

Quad Graphics (NYSE:QUAD - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Quad Graphics had a negative net margin of 0.55% and a positive return on equity of 70.06%. The firm had revenue of $571.90 million for the quarter, compared to the consensus estimate of $555.05 million. As a group, sell-side analysts forecast that Quad Graphics will post 1.08 EPS for the current fiscal year.

Institutional Trading of Quad Graphics

Several institutional investors and hedge funds have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. purchased a new position in Quad Graphics during the first quarter valued at approximately $132,000. CWM LLC increased its holdings in shares of Quad Graphics by 1,730.1% during the 1st quarter. CWM LLC now owns 5,106 shares of the business services provider's stock valued at $28,000 after purchasing an additional 4,827 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Quad Graphics by 468.5% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 158,714 shares of the business services provider's stock valued at $865,000 after purchasing an additional 130,794 shares in the last quarter. XTX Topco Ltd lifted its stake in shares of Quad Graphics by 39.5% in the 1st quarter. XTX Topco Ltd now owns 77,507 shares of the business services provider's stock valued at $422,000 after purchasing an additional 21,932 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Quad Graphics by 6.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 88,705 shares of the business services provider's stock worth $483,000 after buying an additional 5,000 shares in the last quarter. 39.52% of the stock is currently owned by institutional investors and hedge funds.

Quad Graphics Company Profile

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.

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