WestRock (WRK) Declares $0.40 Quarterly Dividend; 3.4% Yield

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WestRock Announces Increase to Dividend to New Annualized Rate of $1.60 Per Share

November 4, 2016 12:21 PM EDT

NORCROSS, Ga., Nov. 04, 2016 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.40 per share on its common stock, an increase of $0.025 per share from its previous dividend rate and representing an annualized increase of $0.10 per share. The quarterly dividend of $0.40 per share will be paid to stockholders of record as of the close of business on November 21, 2016 and will be paid on November 30, 2016.

This dividend increase demonstrates the confidence of the Board of Directors in the strength of our companys capability to... More