Smurfit Westrock (SW) Declares $0.3025 Quarterly Dividend; 2.5% Yield

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Morgan Stanley on Smurfit Westrock (SW): 'We expect this decision to be well-received by the market'

July 26, 2024 12:08 PM EDT

Morgan Stanley analyst Brian Morgan reiterated an Overweight rating and $60.00 price target on Smurfit Westrock (NYSE: SW)

The analyst comments "Smurfit Westrock has announced a maiden dividend of 30cps payable 18 September 2024. This is a surprise to us as we expected the... More