WestRock Announces Quarterly Dividend of $0.20 Per Share

Rhea-AI Summary

WestRock Company (NYSE: WRK) announced a quarterly dividend of $0.20 per share on its common stock. This dividend will benefit stockholders of record as of February 11, 2021, and will be distributed on February 23, 2021. WestRock provides innovative paper and packaging solutions globally, supporting a diverse customer base across various continents.

Positive

• Quarterly dividend of $0.20 per share declared, supporting shareholder income.
• Demonstrates company confidence in cash flow and financial health.

Negative

• None.

WestRock Company (NYSE: WRK) today reported that its Board of Directors declared a quarterly dividend of $0.20 per share on its common stock. The quarterly dividend of $0.20 per share will be paid to stockholders of record as of the close of business on February 11, 2021 and will be paid on February 23, 2021.

About WestRock
WestRock (NYSE: WRK) partners with our customers to provide differentiated 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210129005053/en/

FAQ

What is the dividend amount declared by WestRock Company?

WestRock Company declared a quarterly dividend of $0.20 per share.

When will WestRock's dividend be paid?

The dividend will be paid on February 23, 2021.

Who will receive the dividend from WestRock?

Shareholders of record as of February 11, 2021, will receive the dividend.

How often does WestRock pay dividends?

WestRock typically pays dividends quarterly.

Is WestRock's dividend sustainable?

The declared dividend suggests confidence in the company's financial stability, but further analysis of cash flow is necessary for sustainability.