WestRock (WRK) Raises Quarterly Dividend 2.2% to $0.465; 4.7% Yield

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Go back to WestRock (WRK) Raises Quarterly Dividend 2.2% to $0.465; 4.7% Yield

WestRock Increases Dividend 2.2% to New Annualized Rate of $1.86 Per Share

November 7, 2019 6:17 AM EST

ATLANTA--(BUSINESS WIRE)-- WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.465 per share on its common stock, an increase of $0.01 per share from its previous dividend rate and representing an annualized increase of $0.04 per share, or 2.2%. The quarterly dividend of $0.465 per share will be paid to stockholders of record as of the close of business on November 19, 2019 and will be paid on December 3, 2019.

WestRock has maintained a disciplined approach to capital management, which includes investing in our business and returning cash to stockholders, said Steve Voorhees,... More