02.19.24
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.
“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.