Industry News, Printers News

WestRock Increases Dividend 5.8%

Will now be new annualized rate of $1.82 per share.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

WestRock Company reported that its Board of Directors declared a quarterly dividend of $0.455 per share on its common stock, an increase of $0.025 per share from its previous dividend rate and representing an annualized increase of $0.10 per share, or 5.8%. The quarterly dividend of $0.455 per share will be paid to stockholders of record as of the close of business on Nov. 9, 2018, and will be paid on Nov. 19, 2018.
 
“WestRock has returned $2.3 billion in capital to stockholders and increased our dividend by more than 20% over the last three years,” CEO Steve Voorhees said.

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