Shares of the Chicago-based provider of commercial printing services are down more than 20% so far in 2011, plumbing a 52-week low of $12.90 on Tuesday, marking the first time the stock has dipped below $13 since July 2009. The company is seen reporting its fiscal third-quarter results on Oct. 31, and the average estimate of analysts polled by Thomson Reuters is for earnings of 51 cents a share on revenue of $2.68 billion. Declining margins and the uncertain economy have weighed on the company, which also carries a significant amount of debt. As of June 30, R.R. Donnelly had $4.08 billion in debt on the balance sheet vs. $363 million in cash. The company has also struggled to grow on the top line, aside from its acquisition of Bowne, which was completed in November 2010.
Looking at the universe of stocks we cover at Dividend Channel, on 12/11/14, Lincoln Educational Services Corp will trade ex-dividend, for its quarterly dividend of $0.02, payable on 12/31/14. As a percentage of LINC's recent stock price of $3.02, this dividend works out to approximately 0.66%, so look for shares of Lincoln Educational Services Corp to trade 0.66% lower — all else being equal — when LINC shares open for trading on 12/11/14.