R.R. Donnelley & Sons Company Announces Quarterly Dividend of $0.26 (RRD)
R.R. Donnelley & Sons Company (NYSE:RRD) declared a quarterly dividend on Thursday, January 10th. Stockholders of record on Friday, January 25th will be given a dividend of $0.26 per share on Friday, March 1st. This represents a $1.04 dividend on an annualized basis and a yield of 11.75%.
Several analysts have also recently commented on the stock. Analysts at Benchmark Co. raised their price target on shares of R.R. Donnelley & Sons Company from $12.00 to $15.00 in a research note to investors on Tuesday, November 27th. They now have a “buy” rating on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of R.R. Donnelley & Sons Company in a research note to investors on Tuesday, November 6th. They now have a $11.00 price target on the stock. Finally, analysts at CL King downgraded shares of R.R. Donnelley & Sons Company from a “buy” rating to a “neutral” rating in a research note to investors on Friday, November 2nd.
R.R. Donnelley & Sons Company (RRD) traded down 0.79% on Thursday, hitting $8.78. R.R. Donnelley & Sons Company (RRD) has a 1-year low of $8.30 and a 1-year high of $14.82. The stock’s 50-day moving average is currently $9.20. The company’s market cap is $1.583 billion.
R.R. Donnelley & Sons Company last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.07. The company had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.58 billion. R.R. Donnelley & Sons Company’s revenue was down 6.5% compared to the same quarter last year. R.R. Donnelley & Sons Company has set its FY12 guidance at $1.84-1.92 EPS. On average, analysts predict that R.R. Donnelley & Sons Company (RRD) will post $1.79 earnings per share for the current fiscal year.
R.R. Donnelley & Sons Company (RR Donnelley) is a provider of integrated communications. The Company provides provide premedia, printing, logistics and business process outsourcing products and services.
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