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WestRock Increases Dividend 10% to New Annualized Rate of $1.21 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
WestRock Company (NYSE: WRK) has announced an increase in its quarterly dividend by $0.0275 per share, representing a 10% annualized increase. The new dividend of $0.3025 per share will be paid to stockholders on November 21, 2023.
Positive
WestRock Company has increased its quarterly dividend by $0.0275 per share, representing a 10% annualized increase.
The new dividend of $0.3025 per share will be paid to stockholders on November 21, 2023.
Negative
None.
ATLANTA--(BUSINESS WIRE)--
WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock, an increase of $0.0275 per share from its previous quarterly dividend which represents an annualized increase of $0.11 per share, or 10%. The quarterly dividend of $0.3025 per share will be paid to stockholders of record as of the close of business on November 13, 2023, and will be paid on November 21, 2023.
About WestRock
WestRock (NYSE: WRK) partners with our customers to provide sustainable paper and packaging solutions that help them win in the marketplace. WestRock’s team members support customers around the world from locations spanning North America, South America, Europe, Asia and Australia. Learn more at www.westrock.com.
westrock makes consumer and corrugated packaging solutions that give our customers a winning edge in the global marketplace. we partner closely with customers on everything from beverage packs and pizza boxes to trigger sprayers and fragrance pumps to paperboard used for a wide variety of packaging and shipping containers. we consider ourselves to be a part of their team - as we strive for continuous improvement together. every day, our 42,000 team members combine practical innovations and rigorous execution in about 275 operating and business facilities across north america, south america, europe and asia to deliver products and services that answer unique local needs. we expect to win as a company and lead the industry by achieving success together with our customers, employees and investors.
