R.R. Donnelley & Sons Co. Plans Quarterly Dividend of $0.26 (RRD)
R.R. Donnelley & Sons Co. (NYSE:RRD) announced a quarterly dividend on Thursday, January 9th, AnalystRatings.Net reports. Stockholders of record on Friday, January 24th will be paid a dividend of 0.26 per share on Monday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 5.25%.
RRD has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of R.R. Donnelley & Sons Co. in a research note to investors on Friday, December 27th. They now have a $21.00 price target on the stock. Analysts at Benchmark Co. upgraded shares of R.R. Donnelley & Sons Co. from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 25th. They now have a $21.00 price target on the stock, up previously from $19.00.
R.R. Donnelley & Sons Co. (NYSE:RRD) traded up 0.05% during mid-day trading on Thursday, hitting $19.83. The stock had a trading volume of 1,077,694 shares. R.R. Donnelley & Sons Co. has a 1-year low of $8.65 and a 1-year high of $20.89. The stock has a 50-day moving average of $18.94 and a 200-day moving average of $17.13. The company’s market cap is $3.603 billion.
R.R. Donnelley & Sons Co. (NYSE:RRD) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.03. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. Analysts expect that R.R. Donnelley & Sons Co. will post $1.62 EPS for the current fiscal year.
R.R. Donnelley & Sons Company (NYSE:RRD) is a global provider of integrated communications.
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