RockTenn today reported that its Board of Directors declared a dividend of $0.225 per share on its Class A Common Stock to shareholders of record at the close of business on November 5, 2012. The dividend, which will be paid on November 19, 2012, represents an annual dividend rate of $0.90 per share.
RockTenn Chairman and Chief Executive Officer James A. Rubright stated, "The RockTenn Board of Directors authorized this dividend increase in light of the strong cash flow, profitability and outlook for our business.”
RockTenn (NYSE:RKT) is one of North America's leading integrated manufacturers of corrugated and consumer packaging and recycling solutions. RockTenn's 26,300 employees are committed to exceeding their customers' expectations - every time. The Company operates locations in the United States, Canada, Mexico, Chile, Argentina and China. For more information, visit
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts