LSC Communications, Inc. (NASDAQ:LKSD) Director Shivan S. Subramaniam purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were bought at an average cost of $21.02 per share, for a total transaction of $105,100.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of LSC Communications, Inc. (NASDAQ:LKSD) traded up 0.67% during trading on Wednesday, hitting $21.18. 384,321 shares of the stock traded hands. The stock has a 50 day moving average of $23.40 and a 200 day moving average of $24.41. LSC Communications, Inc. has a 52-week low of $17.00 and a 52-week high of $37.40. The firm has a market cap of $696.82 million and a price-to-earnings ratio of 5.16.

The company also recently announced a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 16th will be issued a $0.25 dividend. The ex-dividend date is Monday, November 14th. This represents a $3.00 dividend on an annualized basis and a yield of 14.16%.

Separately, CJS Securities initiated coverage on shares of LSC Communications in a research note on Friday, November 18th. They issued an “outperform” rating on the stock.

TRADEMARK VIOLATION WARNING: “LSC Communications, Inc. (LKSD) Director Purchases $105,100.00 in Stock” was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2016/11/23/lsc-communications-inc-lksd-director-purchases-105100-00-in-stock.html.

5 Day Chart for NASDAQ:LKSD

Receive News & Stock Ratings for LSC Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSC Communications Inc. and related stocks with our FREE daily email newsletter.