RR Donnelley & Sons Co (NYSE:RRD) announced a quarterly dividend on Wednesday, January 17th, RTT News reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.14 per share by the business services provider on Thursday, March 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.22%. The ex-dividend date is Wednesday, February 14th.
RR Donnelley & Sons has decreased its dividend by an average of 43.6% annually over the last three years. RR Donnelley & Sons has a payout ratio of 47.9% indicating that its dividend is sufficiently covered by earnings.
Shares of RR Donnelley & Sons (NYSE:RRD) opened at $6.81 on Tuesday. The company has a market cap of $477.38, a PE ratio of 7.65 and a beta of 1.79. RR Donnelley & Sons has a twelve month low of $6.51 and a twelve month high of $18.52. The company has a current ratio of 1.50, a quick ratio of 1.19 and a debt-to-equity ratio of -13.69.
RRD has been the subject of a number of recent research reports. TheStreet downgraded shares of RR Donnelley & Sons from a “c-” rating to a “d” rating in a report on Thursday, October 26th. BidaskClub downgraded shares of RR Donnelley & Sons from a “sell” rating to a “strong sell” rating in a report on Saturday, November 4th. Finally, ValuEngine upgraded shares of RR Donnelley & Sons from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st.
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About RR Donnelley & Sons
R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations.
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