Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Quad Reinstates Dividend, Declares Quarterly Dividend of $0.05 Per Share - Ink World Magazine

What are you searching for?

Sign in
Industry News, Ink Manufacturers News, Printers News

Quad Reinstates Dividend, Declares Quarterly Dividend of $0.05 Per Share

The dividend is payable on March 12, 2024, to shareholders of record as of Feb. 27, 2024.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Quad/Graphics, Inc. announced today that its Board of Directors reinstated its dividend and declared a quarterly dividend on the company’s common stock of $0.05 per share, or $0.20 per share on an annualized basis. The dividend is payable on March 12, 2024, to shareholders of record as of February 27, 2024.

“Our consistent, strong cash generation and low debt leverage enable us to reinstate a quarterly dividend, while also maintaining the capital flexibility to invest in growing and automating our business, further reduce debt and seek opportunities for share repurchases,” Joel Quadracci, chairman, president and CEO of Quad, said.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters