Quad Graphics, Inc (NYSE:QUAD) Declares $0.10 Quarterly Dividend

Quad Graphics, Inc (NYSE:QUAD) declared a quarterly dividend on Tuesday, July 21st. Shareholders 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) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Monday, August 17th.

Quad Graphics has raised 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 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 Stock Performance

Shares of QUAD stock opened at $8.59 on Wednesday. The company has a market capitalization of $443.00 million, a P/E ratio of 15.34 and a beta of 1.11. Quad Graphics has a fifty-two week low of $5.01 and a fifty-two week high of $8.84. The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.65 and a current ratio of 0.94. The stock has a 50 day moving average price of $7.82 and a two-hundred day moving average price of $7.12.

Quad Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, April 28th. The business services provider reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.03. The firm had revenue of $581.00 million for the quarter, compared to analysts’ expectations of $581.07 million. Quad Graphics had a net margin of 1.16% and a return on equity of 47.27%. Analysts expect that Quad Graphics will post 1.2 earnings per share for the current year.

Institutional Investors Weigh In On Quad Graphics

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC lifted its stake in shares of Quad Graphics by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 95,072 shares of the business services provider’s stock worth $628,000 after buying an additional 1,553 shares in the last quarter. Geode Capital Management LLC raised its holdings in Quad Graphics by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 703,720 shares of the business services provider’s stock worth $3,977,000 after acquiring an additional 1,837 shares during the last quarter. American Century Companies Inc. raised its holdings in Quad Graphics by 3.8% in the 2nd quarter. American Century Companies Inc. now owns 70,767 shares of the business services provider’s stock worth $400,000 after acquiring an additional 2,558 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in Quad Graphics by 10.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 29,936 shares of the business services provider’s stock valued at $188,000 after acquiring an additional 2,861 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its stake in Quad Graphics by 17.0% during the 3rd quarter. Mackenzie Financial Corp now owns 19,893 shares of the business services provider’s stock valued at $125,000 after purchasing an additional 2,885 shares during the last quarter. Hedge funds and other institutional investors own 39.52% of the company’s stock.

Quad Graphics Company Profile

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.