Quad/Graphics Inc. Announces Increased Dividend: A Strategic Move for Growth

The company’s Board of Directors has approved a hike in the quarterly dividend from $0.05 per share to $0.075 per share, translating to an annualized dividend of $0.30 per share, up from $0.20. This new dividend will be payable on March 14, 2025, to shareholders on record as of February 28, 2025.

Joel Quadracci, Chairman, President, and CEO of Quad, expressed the company's dedication to strategic growth and financial priorities. "We remain focused on our strategic growth and financial priorities, including consistent, strong cash generation," he stated. Quadracci noted that the successful execution of ongoing initiatives has enabled the company not only to increase its quarterly dividend but also to reduce debt while maintaining capital flexibility for future investments. He further indicated that the company intends to be strategic regarding future share repurchases.

Quad is a global marketing experience company that facilitates direct consumer connections across various platforms—from household marketing to online interactions. Utilizing advanced technology and data-driven insights, Quad offers media, creative, and production solutions tailored to streamline marketing complexities. The company's services aim to improve speed to market, enhance marketing effectiveness, and deliver superior value to clients.

With approximately 13,000 employees across 14 countries, Quad serves around 2,700 clients, including prominent blue-chip companies, across various sectors such as retail, consumer packaged goods, financial services, and healthcare. The company's full-service Rise media agency and Betty creative agency have contributed to its ranking among the largest agency companies in the U.S., as noted by *Ad Age*. Additionally, Quad is recognized as one of the largest commercial printers in North America according to *Printing Impressions*.

Quad's recent dividend increase is part of a broader strategy emphasizing financial health and growth. The company has been actively transforming its business model to adapt to evolving market conditions, including the rise of digital media and the complexities associated with becoming a marketing experience company.

In its press release, Quad also addressed potential risks and uncertainties that could impact its future performance. These include challenges related to adapting to new technologies, macroeconomic conditions, and competitive pressures in the marketing and printing industries. The company has acknowledged the importance of cost management, operational efficiency, and the attraction and retention of qualified talent in overcoming these challenges.

The company's forward-looking statements signal a cautious optimism as it navigates the evolving landscape of marketing and consumer engagement. Investors and stakeholders will be keen to observe how Quad continues to execute its strategies amid these challenges and opportunities.

The increase in the quarterly dividend by Quad/Graphics is a significant development for investors, signaling the company's strong cash generation capabilities and commitment to shareholder returns. As Quad continues to evolve and adapt to the dynamic marketing environment, its strategic initiatives and focus on financial health will be critical in driving future growth. For more information on Quad and its innovative solutions, visit their website at quad.com.

For further inquiries, investors can reach out to Don Pontes, Executive Director of Investor Relations, at 916-532-7074 or via email at [email protected]. For media inquiries, Claire Ho, Corporate Communications Director, can be contacted at 414-566-2955 or at [email protected].

This dividend increase showcases Quad's determination to foster growth while balancing the needs of its shareholders, making it a company to watch in the coming quarters.