RockTenn announces dividend increase
Oct 29, 2010. RockTenn reported that its Board of Directors declared a dividend of $0.20 per share on its Class A Common Stock to shareholders of record at the close of business on November 9, 2010. The dividend, which will be paid on November 22, 2010, represents an annual dividend rate of $0.80 per share.
Oct 29, 2010. /Lesprom Network/. RockTenn reported that its Board of Directors declared a dividend of $0.20 per share on its Class A Common Stock to shareholders of record at the close of business on November 9, 2010. The dividend, which will be paid on November 22, 2010, represents an annual dividend rate of $0.80 per share, company said in a statement received by Lesprom Network.
RockTenn Chairman and CEO James A. Rubright stated, "The RockTenn Board of Directors authorized this dividend increase in light of the continuing strong profit and cash flows of our business since our last dividend increase in November, 2009. The November, 2009 annual dividend increase was also $0.20 per share."
RockTenn is one of North America’s leading manufacturers of paperboard, containerboard and consumer and corrugated packaging.