Quad Graphics, Inc (QUAD) to Issue Quarterly Dividend of $0.10 on March 13th

Quad Graphics, Inc (NYSE:QUAD) announced a quarterly dividend on Friday, February 13th. Investors of record on Friday, February 27th will be given a dividend of 0.10 per share by the business services provider on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, February 27th. This is a 33.3% increase from Quad Graphics’s previous quarterly dividend of $0.08.

Quad Graphics has decreased its dividend by an average of 0.3%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.

Quad Graphics Stock Up 4.5%

QUAD stock opened at $7.36 on Wednesday. The business has a 50 day moving average of $6.32 and a 200 day moving average of $6.16. The firm has a market cap of $374.22 million, a PE ratio of 13.62 and a beta of 1.10. Quad Graphics has a twelve month low of $4.50 and a twelve month high of $7.54. The company has a quick ratio of 0.63, a current ratio of 0.86 and a debt-to-equity ratio of 2.52.

Quad Graphics (NYSE:QUAD) last released its earnings results on Tuesday, February 17th. The business services provider reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. Quad Graphics had a return on equity of 49.71% and a net margin of 1.12%.The firm had revenue of $630.60 million for the quarter, compared to analysts’ expectations of $632.90 million. On average, research analysts forecast that Quad Graphics will post 1.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Quad Graphics

Several institutional investors and hedge funds have recently added to or reduced their stakes in QUAD. AQR Capital Management LLC purchased a new stake in Quad Graphics during the 1st quarter valued at $2,101,000. Segall Bryant & Hamill LLC bought a new stake in shares of Quad Graphics in the second quarter worth $1,763,000. Zacks Investment Management bought a new stake in shares of Quad Graphics in the third quarter worth $1,426,000. Millennium Management LLC increased its position in Quad Graphics by 103.5% during the fourth quarter. Millennium Management LLC now owns 278,498 shares of the business services provider’s stock valued at $1,746,000 after acquiring an additional 141,648 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Quad Graphics by 53.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 370,504 shares of the business services provider’s stock valued at $2,093,000 after acquiring an additional 128,656 shares during the period. Hedge funds and other institutional investors own 39.52% of the company’s stock.

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.