WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates through two segments, Corrugated Packaging and Consumer Packaging. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers. It also provides structural and graphic design, engineering services and custom, and proprietary and standard automated packaging machines, as well as turn-key installation, automation, line integration, and packaging solutions; distributes corrugated packaging materials and other specialty packaging products, including stretch films, void fills, carton sealing tapes, and other specialty tapes; operates recycling facilities that collect, sort, grade, and bale recovered paper; and provides lithographic laminated packaging products, as well as contract packing services. The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, tobacco, confectionery, health and beauty, other household consumer, and commercial and industrial products; and express mail packages for the overnight courier industry. It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags and plant stakes for the horticultural market; and secondary packages and paperboard packaging for over-the-counter and prescription drugs. In addition, this segment manufactures and sells solid fiber and corrugated partitions, and die-cut paperboard components principally to glass container manufacturers and the automotive industry, as well as producers of beer, food, wine, spirits, cosmetics, and pharmaceuticals. WestRock Company is based in Atlanta, Georgia.
WestRock Dividend Announcement
• WestRock announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-13
• WestRock annual dividend for 2024 was $0.60
• WestRock annual dividend for 2023 was $1.13
• WestRock's trailing twelve-month (TTM) dividend yield is 1.17%
• WestRock's payout ratio for the trailing twelve months (TTM) is 164.43%
• WestRock's dividend growth over the last five years (2018-2023) was -8.36% year
• WestRock's dividend growth over the last ten years (2013-2023) was 0.67% year
WestRock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-13 | $0.30 | quarterly | 2024-05-22 |
2024-02-08 | $0.30 | quarterly | 2024-02-21 |
2023-11-10 | $0.30 | quarterly | 2023-11-21 |
2023-08-09 | $0.28 | quarterly | 2023-08-24 |
2023-05-10 | $0.28 | quarterly | 2023-05-25 |
2023-02-09 | $0.28 | quarterly | 2023-02-22 |
2022-11-09 | $0.28 | quarterly | 2022-11-23 |
2022-08-11 | $0.25 | quarterly | 2022-08-24 |
2022-05-11 | $0.25 | quarterly | 2022-05-24 |
2022-02-10 | $0.25 | quarterly | 2022-02-23 |
2021-11-09 | $0.25 | quarterly | 2021-11-23 |
2021-08-12 | $0.24 | quarterly | 2021-08-24 |
2021-05-18 | $0.24 | quarterly | 2021-05-28 |
2021-02-10 | $0.20 | quarterly | 2021-02-23 |
2020-11-12 | $0.20 | quarterly | 2020-11-24 |
2020-08-13 | $0.20 | quarterly | 2020-08-25 |
2020-05-18 | $0.20 | quarterly | 2020-05-28 |
2020-02-13 | $0.47 | quarterly | 2020-02-26 |
2019-11-18 | $0.47 | quarterly | 2019-12-03 |
2019-08-08 | $0.46 | quarterly | 2019-08-20 |
2019-05-09 | $0.46 | quarterly | 2019-05-20 |
2019-02-14 | $0.46 | quarterly | 2019-02-25 |
2018-11-08 | $0.46 | quarterly | 2018-11-19 |
2018-08-09 | $0.43 | quarterly | 2018-08-20 |
2018-05-03 | $0.43 | quarterly | 2018-05-14 |
2018-02-15 | $0.43 | quarterly | 2018-02-26 |
2017-11-09 | $0.43 | quarterly | 2017-11-20 |
2017-08-09 | $0.40 | quarterly | 2017-08-21 |
2017-05-03 | $0.40 | quarterly | 2017-05-15 |
2017-02-08 | $0.40 | quarterly | 2017-02-20 |
2016-11-17 | $0.40 | quarterly | 2016-11-30 |
2016-08-10 | $0.38 | quarterly | 2016-08-22 |
2016-05-04 | $0.38 | quarterly | 2016-05-16 |
2016-02-10 | $0.38 | quarterly | 2016-02-25 |
2015-11-17 | $0.38 | quarterly | 2015-12-02 |
2015-08-10 | $0.38 | quarterly | 2015-08-25 |
2015-05-05 | $0.36 | quarterly | |
2015-02-06 | $0.15 | quarterly | |
2014-11-05 | $0.21 | quarterly | |
2014-08-04 | $0.39 | quarterly | |
2014-05-05 | $0.39 | quarterly | |
2014-02-07 | $0.39 | quarterly | |
2013-11-01 | $0.39 | quarterly | |
2013-08-01 | $0.33 | quarterly | |
2013-05-03 | $0.33 | quarterly |
WestRock Dividend per year
WestRock Dividend growth
WestRock Dividend Yield
WestRock current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing WestRock stock? Use our calculator to estimate your expected dividend yield:
WestRock Financial Ratios
WestRock Dividend FAQ
Other factors to consider when evaluating WestRock as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: WestRock's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WestRock publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WestRock distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WestRock are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: WestRock sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WestRock distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WestRock declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of WestRock's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WestRock's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.