Quad/Graphics, Inc. (QUAD) To Go Ex-Dividend on February 28th

Quad/Graphics, Inc. (NYSE:QUAD) announced a quarterly dividend on Thursday, February 13th,RTT News reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.075 per share by the business services provider on Friday, March 14th. This represents a $0.30 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Quad/Graphics’s previous quarterly dividend of $0.05.

Quad/Graphics has a dividend payout ratio of 5.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Quad/Graphics to earn $1.08 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 18.5%.

Quad/Graphics Trading Down 2.6 %

NYSE:QUAD opened at $7.64 on Friday. The company has a fifty day moving average of $7.14 and a 200-day moving average of $6.09. The company has a current ratio of 0.85, a quick ratio of 0.56 and a debt-to-equity ratio of 8.35. Quad/Graphics has a twelve month low of $4.06 and a twelve month high of $9.13.

Analyst Upgrades and Downgrades

A number of brokerages have commented on QUAD. Rosenblatt Securities boosted their price target on shares of Quad/Graphics from $7.70 to $10.30 and gave the company a “buy” rating in a research note on Monday, November 25th. Barrington Research restated an “outperform” rating and set a $10.00 price target on shares of Quad/Graphics in a research note on Tuesday, November 26th. Finally, StockNews.com lowered shares of Quad/Graphics from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st.

About Quad/Graphics

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.