Traditional and digital print, print-related services and office products provider LSC Communications, Inc. (LKSD) will start paying a $0.25 per share quarterly dividend.

The first dividend will be paid on December 1, 2016 to stockholders of record as of the close of business on November 16, 2016. LKSD will have a 4.2% dividend yield at the current stock price of $24.02.

LSC Communications is a provider of print and digital media solutions for publishers, merchandisers and retailers worldwide. Through its Print segment LKSD provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories. The company also provides print-related services, such as supply chain management, mail services, e-book formatting and distribution services. Its Office Products segment manufactures and sells a range of branded and private label products.