Kapstone Paper and Packaging Announces Cash Dividend

NORTHBROOK, Ill., March 10, 2016 /PRNewswire/ -- KapStone Paper and Packaging Corporation (NYSE: KS) ("the Company") today announced that its Board of Directors has approved a regular quarterly dividend of $0.10 per share payable on April 13, 2016 to shareholders of record as of March 30, 2016.  Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the determination of the Company's Board of Directors.

About the Company

Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States.  The Company has four paper mills, 21 converting plants and 65 distribution centers.  The business has approximately 6,400 employees.

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SOURCE KapStone Paper and Packaging Corporation