Quad/Graphics Keeps Dividend Steady at $0.30
Print shop Quad/Graphics announced yesterday its second-quarter dividend of $0.30 per share, the same rate it paid last quarter after raising the payout 20% from $0.25 per share.
The board of directors said the quarterly dividend is payable on June 21 to the holders of record at the close of business on June 10. Quad/Graphics has paid quarterly dividends since 2011.
The regular dividend payment equates to a $1.20-per-share annual dividend yielding 5.3% based on the closing price of Quad/Graphics' stock on May 20.
The article Quad/Graphics Keeps Dividend Steady at $0.30 originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.