KapStone Paper and Packaging Corporation declared a regular quarterly dividend of USD 0.10 per share payable on July 12, 2017 to stockholders of record as of June 29, 2017.
In 1Q2017 KapStone reported 3.7% increase of net sales and 8.5% decrease of Adjusted EBITDA.
Earlier KapStone Paper and Packaging reported an incident at its North Charleston, SC paper mill.
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.