KapStone Paper and Packaging Corporation announced that its Board of Directors has approved a regular quarterly dividend of USD 0.10 per share payable on April 12, 2017 to stockholders of record as of March 29, 2017.
In 4Q2016 KapStone Paper and Packaging Corporation reported 1.7% increase of net sales and 12.4% of Adjusted EBITDA.
Earlier KapStone Paper and Packaging acquired assets of Associated Packaging.
About KapStone Paper and Packaging:
The company is fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The company has four paper mills, 21 converting plants and 65 distribution centers. Its annual revenues exceed USD 3 billion, the company employs approximately 6,200 people.