WestRock (WRK) Raises Quarterly Dividend 20% to $0.24; 1.7% Yield

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Go back to WestRock (WRK) Raises Quarterly Dividend 20% to $0.24; 1.7% Yield

WestRock Increases Dividend 20% to New Annualized Rate of $0.96 Per Share

May 5, 2021 6:28 AM EDT

ATLANTA--(BUSINESS WIRE)-- WestRock Company (NYSE: WRK) today announced that its Board of Directors declared a quarterly dividend of $0.24 per share on its common stock, an increase of $0.04 per share from its previous dividend rate and representing an annualized increase of $0.16 per share, or 20%. The quarterly dividend of $0.24 per share will be paid to stockholders of record as of the close of business on May 19, 2021 and will be paid on May 28, 2021.

The decision to increase our dividend reflects the confidence we have in our business and our ability to generate strong cash... More