WestRock (WRK) Raises Quarterly Dividend 5.8% to $0.455; 4.4% Yield

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WestRock Increases Dividend 5.8% to New Annualized Rate of $1.82 Per Share

October 26, 2018 12:29 PM EDT

ATLANTA, Oct. 26, 2018 (GLOBE NEWSWIRE) -- WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.455 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, or 5.8%. The quarterly dividend of $0.455 per share will be paid to stockholders of record as of the close of business on November 9, 2018 and will be paid on November 19, 2018.

WestRock has returned $2.3 billion in capital to stockholders and increased our dividend by more than 20% over the last three years, said Steve... More