NORTHBROOK, Ill., Oct. 27, 2016 /PRNewswire/ -- KapStone Paper and
Packaging Corporation (NYSE: KS) (the "Company") today announced
that its Board of Directors has approved a regular quarterly
dividend of $0.10 per share payable
on January 12, 2017 to stockholders
of record as of December 30, 2016.
Future declarations of quarterly dividends and the establishment of
future record and payment dates are subject to the determination of
the Company's Board of Directors.
About the Company
Headquartered in Northbrook, Illinois, the Company is the fifth
largest producer of containerboard and corrugated packaging
products and is the largest kraft paper producer in the United States. The Company has 4 paper
mills, 22 corrugated converting facilities, 65 distribution
centers, and approximately 6,300 employees.
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SOURCE KapStone Paper and Packaging Corporation