Quad Declares Quarterly Dividend of $0.05 Per Share
Rhea-AI Summary
Quad/Graphics (NYSE: QUAD), a global marketing experience company, has announced a quarterly dividend of $0.05 per share on its common stock. The dividend will be paid on September 6, 2024, to shareholders of record as of August 19, 2024. This declaration by Quad's Board of Directors demonstrates the company's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite challenging market conditions in the marketing and printing industry.
Positive
- Consistent dividend payment indicates financial stability
- Maintaining shareholder returns in challenging market conditions
Negative
- None.
News Market Reaction
On the day this news was published, QUAD gained 0.67%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The dividend is payable on September 6, 2024, to shareholders of record as of August 19, 2024.
About Quad
Quad (NYSE: QUAD) is a global marketing experience company that helps brands make direct consumer connections, from household to in-store to online. Supported by state-of-the-art technology and data-driven intelligence, Quad uses its suite of media, creative and production solutions to streamline the complexities of marketing and remove friction from wherever it occurs in the marketing journey. Quad tailors its uniquely flexible, scalable and connected solutions to clients' objectives, driving cost efficiencies, improving speed to market, strengthening marketing effectiveness, and delivering value on client investments.
Quad employs approximately 13,000 people in 14 countries and serves approximately 2,700 clients including industry leading blue-chip companies that serve both businesses and consumers in multiple industry verticals, with a particular focus on commerce, including retail, consumer packaged goods, and direct-to-consumer; financial services; and health. Quad is ranked among the largest agency companies in the
For more information about Quad, including its commitment to ongoing innovation, culture and sustainable impact, visit quad.com.
Investor Relations Contact
Don Pontes
Executive Director of Investor Relations
916-532-7074
dwpontes@quad.com
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SOURCE Quad
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