RockTenn reported that its Board of Directors declared a dividend of $0.35 per share on its Class A Common Stock to shareholders of record at the close of business on Nov. 5, 2013. The dividend, which will be paid on Nov. 18, 2013, represents an annual dividend rate of $1.40 per share. This is the company's second dividend increase this year.
"The board's action to increase the annual dividend speaks to our continued confidence in our overall outlook for the long-term profitability and cash flow generation of our business," said Jim Rubright, chairman and CEO.
RockTenn Announces Dividend
Published October 25, 2013
Related Breaking News
- Sun Chemical Experts to Speak at the 2015 FTA Annual Forum and INFO FLEX 2015
- Merck Proposes Dividend Increase After a Year of Key Strategic Moves
- Sartomer’s New High-Performance UV-Curable PUDs Improve Formulating Latitude of Coatings
- RR Donnelley's LibreDigital Service Selected to Provide eBook Solutions to Houghton Mifflin Harcourt
Related Online Exclusives