|[May 19, 2014]
Quad/Graphics Declares Quarterly Dividend
SUSSEX, Wis. --(Business Wire)--
Quad/Graphics, Inc., today announced that its board of directors
approved a quarterly dividend of $0.30 per share payable on June 20,
2014, to shareholders of record as of June 9, 2014.
Quad/Graphics (NYSE: QUAD), a leading global printer and media channel
integrator, is redefining print in today's multichannel media world by
helping marketers and publishers capitalize on print's ability to
complement and connect with other media channels. With consultative
ideas, worldwide capabilities, leading-edge technology and single-source
simplicity, Quad/Graphics has the resources and knowledge to help its
clients maximize the revenue they derive from their marketing spend
through channel integration, and minimize their total cost of print
production and distribution through a fully integrated national
distribution network. The Company provides a diverse range of print
solutions, media solutions and logistics services from multiple
locations throughout North America, Latin America and Europe.
This press release contains certain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements regarding, among other
things, our current expectations about the Company's future results,
financial condition, revenue, earnings, free cash flow, margins,
objectives, goals, strategies, beliefs, intentions, plans, estimates,
prospects, projections and utlook of the Company and can generally be
identified by the use of words or phrases such as "may," "will,"
"expect," "intend," "estimate," "anticipate," "plan," "foresee,"
"project," "believe," "continue" or the negatives of these terms,
variations on them and other similar expressions. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause actual results to be materially different from
those expressed in or implied by such forward-looking statements.
Forward-looking statements are based largely on the Company's
expectations and judgments and are subject to a number of risks and
uncertainties, many of which are unforeseeable and beyond our control.
The factors that could cause actual results to materially differ
include, among others: the impact of significant overcapacity in the
highly competitive commercial printing industry, which creates downward
pricing pressure and fluctuating demand for printing services; the
inability of the Company to reduce costs and improve operating
efficiency rapidly enough to meet market conditions; the impact of
electronic media and similar technological changes, including digital
substitution by consumers; the impact of changes in postal rates,
service levels or regulations; the impact of changing future economic
conditions; the failure to renew long-term contracts with clients on
favorable terms or at all; the failure of clients to perform under
long-term contracts due to financial or other reasons or due to client
consolidation; the failure to successfully identify, manage, complete
and integrate acquisitions and investments; the impact of increased
business complexity as a result of the Company's entry into additional
markets; the impact of fluctuations in costs (including labor-related
costs, energy costs, freight rates and raw materials) and the impact of
fluctuations in the availability of raw materials; the impact of
regulatory matters and legislative developments or changes in laws,
including changes in privacy and environmental laws; the impact on the
holders of Quad/Graphics class A common stock of a limited active market
for such shares and the inability to independently elect directors or
control decisions due to the voting power of the class B common stock;
the impact of risks associated with the operations outside of the United
States; significant capital expenditures may be needed to maintain the
Company's platform and processes and to remain technologically and
economically competitive; and the other risk factors identified in the
Company's most recent Annual Report on Form 10-K, as such may be amended
or supplemented by subsequent Quarterly Reports on Form 10-Q or other
reports filed with the Securities and Exchange Commission.
Except as required by the federal securities laws, the Company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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