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

Quad Graphics, Inc (NYSE:QUAD) announced a quarterly dividend on Wednesday, October 21st. Shareholders 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 yield of 4.3%. The ex-dividend date of this dividend is Tuesday, November 17th.

Quad Graphics has raised its dividend by an average of 0.1% per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Quad Graphics has a dividend payout ratio of 38.1% indicating that 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 Stock Performance

NYSE:QUAD traded down $0.19 on Wednesday, hitting $9.37. The company’s stock had a trading volume of 279,717 shares, compared to its average volume of 248,964. Quad Graphics has a one year low of $5.12 and a one year high of $11.15. The firm has a market capitalization of $482.04 million, a P/E ratio of 14.87 and a beta of 1.12. The stock has a fifty day moving average of $9.77 and a two-hundred day moving average of $8.61. The company has a current ratio of 0.87, a quick ratio of 0.60 and a debt-to-equity ratio of 2.81.

Quad Graphics (NYSE:QUAD) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.24 EPS for the quarter, topping the consensus estimate of $0.20 by $0.04. The company had revenue of $577.50 million during the quarter, compared to the consensus estimate of $545.15 million. Quad Graphics had a return on equity of 47.90% and a net margin of 1.31%. Research analysts predict that Quad Graphics will post 1.27 earnings per share for the current year.

Institutional Investors Weigh In On Quad Graphics

Institutional investors have recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new position in shares of Quad Graphics in the second quarter valued at approximately $3,506,000. Ritholtz Wealth Management lifted its holdings in Quad Graphics by 50.4% during the 1st quarter. Ritholtz Wealth Management now owns 267,064 shares of the business services provider’s stock worth $1,765,000 after purchasing an additional 89,505 shares during the last quarter. Inspire Investing LLC acquired a new stake in Quad Graphics during the 1st quarter worth approximately $1,672,000. Cetera Investment Advisers boosted its stake in Quad Graphics by 30.5% in the 1st quarter. Cetera Investment Advisers now owns 46,365 shares of the business services provider’s stock valued at $306,000 after purchasing an additional 10,849 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Quad Graphics by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,135,439 shares of the business services provider’s stock valued at $7,506,000 after purchasing an additional 16,815 shares during the period. Institutional investors own 39.52% of the company’s stock.

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.