WestRock Company (WRK) will raise its quarterly dividend by another 4.2 percent to $0.25 per share. Earlier this year the dividend was also increased, bringing the total YTD dividend hike to 25 percent.

The quarterly dividend of $0.25 per share will be paid to stockholders of record as of the close of business on November 10, 2021, and will be paid on November 23, 2021.

“Our customers are enthusiastic about the products that we bring to market, and I am confident in our ability to continue generating strong cash flows," said David B. Sewell, chief executive officer. “We are pleased with the progress that we have made in reducing debt and are well positioned for the future. Maintaining a sustainable and growing dividend remains a top priority and, with today's announcement, we have increased our dividend 25% since February.”

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