RR Donnelley & Sons Co (NYSE:RRD) Plans $0.03 Quarterly Dividend

RR Donnelley & Sons Co (NYSE:RRD) announced a quarterly dividend on Wednesday, January 15th, RTT News reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.03 per share by the business services provider on Monday, March 2nd. This represents a $0.12 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Thursday, February 13th.

RR Donnelley & Sons has a dividend payout ratio of 17.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect RR Donnelley & Sons to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 12.0%.

RR Donnelley & Sons stock traded down $0.10 during trading hours on Friday, hitting $2.69. The stock had a trading volume of 790,400 shares, compared to its average volume of 587,388. The stock’s fifty day moving average is $3.49 and its two-hundred day moving average is $3.28. RR Donnelley & Sons has a 1-year low of $1.67 and a 1-year high of $6.34. The stock has a market capitalization of $182.44 million, a price-to-earnings ratio of -7.19 and a beta of 1.73.

Separately, Zacks Investment Research downgraded RR Donnelley & Sons from a “hold” rating to a “sell” rating in a report on Wednesday, January 8th.

About RR Donnelley & Sons

R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.

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Dividend History for RR Donnelley & Sons (NYSE:RRD)

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