Quad Graphics, Inc Plans Quarterly Dividend of $0.10 (NYSE:QUAD)
by Michael Walen · The Markets DailyQuad Graphics, Inc (NYSE:QUAD – Get Free Report) announced a quarterly dividend on Tuesday, July 21st. Investors of record on Monday, August 17th will be paid a dividend of 0.10 per share by the business services provider on Friday, September 4th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Monday, August 17th.
Quad Graphics has increased its dividend by an average of 0.1%per year 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% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Quad Graphics to earn $1.40 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 28.6%.
Quad Graphics Price Performance
QUAD traded down $0.02 on Tuesday, hitting $8.59. 75,765 shares of the company’s stock traded hands, compared to its average volume of 199,815. The company’s 50 day simple moving average is $7.80 and its 200-day simple moving average is $7.10. The company has a current ratio of 0.94, a quick ratio of 0.65 and a debt-to-equity ratio of 3.04. Quad Graphics has a one year low of $5.01 and a one year high of $8.84. The firm has a market cap of $443.00 million, a price-to-earnings ratio of 15.34 and a beta of 1.11.
Quad Graphics (NYSE:QUAD – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. Quad Graphics had a return on equity of 47.27% and a net margin of 1.16%.The business had revenue of $581.00 million during the quarter, compared to the consensus estimate of $581.07 million. As a group, research analysts anticipate that Quad Graphics will post 1.2 EPS for the current year.
About Quad Graphics
Quad Graphics, Inc (NYSE: QUAD) is a global provider of print and related marketing services, serving a diverse range of clients in the publishing, retail, e-commerce and consumer packaged goods sectors. The company offers end-to-end solutions that span traditional print production, supply chain management and digital marketing support. Quad Graphics leverages a network of production facilities and distribution centers to deliver high-quality printed materials and integrated marketing programs that help clients reach their target audiences across multiple channels.
The company’s core offerings include magazine and catalog printing, direct mail, retail inserts, shopper marketing materials, custom packaging and point-of-sale displays.
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