The LSC Communications, Inc. (LKSD) Director Buys $105,100.00 in Stock

The LSC Communications, Inc. (LKSD) Director Buys $105,100.00 in Stock

LSC Communications, Inc. (NASDAQ:LKSD) Director Shivan S. Subramaniam bought 5,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were acquired at an average price of $21.02 per share, with a total value of $105,100.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of LSC Communications, Inc. (NASDAQ:LKSD) opened at 21.39 on Monday. The firm’s 50-day moving average price is $22.92 and its 200 day moving average price is $24.26. The company has a market capitalization of $703.73 million and a PE ratio of 5.21. LSC Communications, Inc. has a 1-year low of $17.00 and a 1-year high of $37.40.

The business also recently declared a monthly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Wednesday, November 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Monday, November 14th. This represents a $3.00 annualized dividend and a dividend yield of 14.03%.

Separately, CJS Securities started coverage on LSC Communications in a research note on Friday, November 18th. They set an “outperform” rating for the company.

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