LSC Communications, Inc. (LKSD) Raises Quarterly Dividend 4% to $0.26; 7.5% Yield

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Go back to LSC Communications, Inc. (LKSD) Raises Quarterly Dividend 4% to $0.26; 7.5% Yield

LSC Communications Board of Directors Increases Regular Quarterly Dividend by 4%; Company to Host an Investor Meeting on March 6, 2018

January 18, 2018 4:10 PM EST

CHICAGO--(BUSINESS WIRE)-- (NYSE: LKSD) The Board of Directors of LSC Communications declared a regular quarterly dividend of $0.26 per common share. This dividend is a 4% increase from the level paid quarterly since October 2016. The dividend is payable March 2, 2018 to stockholders of record as of the close of business on February 15, 2018.

The 4% annual dividend increase represents our ongoing commitment to balanced capital deployment and our continued ability to generate strong free cash flow, said Thomas J. Quinlan III, LSC Communications Chairman and Chief Executive Officer. Over the last year we have made several strategic acquisitions... More