This company has been acquired
WestRock Dividends and Buybacks
Dividend criteria checks 3/6
WestRock is a dividend paying company with a current yield of 2.62%.
Key information
2.6%
Dividend yield
-0.005%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.210 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
WestRock: Exceptional Free Cash Flow Off Highly Productive Assets
Jun 05Investors Still Waiting For A Pull Back In WestRock Company (NYSE:WRK)
May 22
WestRock (NYSE:WRK) Takes On Some Risk With Its Use Of Debt
Feb 28WestRock Company: Hold, Technicals Are Neutral And Upside Is Limited
Feb 27WestRock Acquisitions Did Not Create Shareholder Value
Nov 24WestRock: Solid Asset-Based, But (Likely) Not The Right Time
Sep 12WestRock Company: Buying Low And Selling High
Aug 22WestRock Company: 69% Upside But Poor Profitability Comps Vs. Peers
Jul 18WestRock: Asymmetric Opportunity At $35
Feb 06WestRock declares $0.275 dividend
Jan 27WestRock to sell stake in RTS Packaging to Sonoco Products for $330M
Nov 09WestRock raises dividend by 10% to $0.275
Oct 27WestRock to close corrugated medium manufacturing at Minnesota facility
Oct 05WestRock Is A Clear Buy At This Price
Sep 19WestRock Q3 2022 Earnings Preview
Aug 03WestRock: Buy This Growth Stock On The Cheap
Jul 25WestRock: Price Increase Over Cost Inflation
May 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WRK's dividend payments have been volatile in the past 10 years.
Growing Dividend: WRK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| WestRock Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WRK) | 2.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Packaging) | 2.4% |
| Analyst forecast (WRK) (up to 3 years) | 2.6% |
Notable Dividend: WRK's dividend (2.62%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: WRK's dividend (2.62%) is low compared to the top 25% of dividend payers in the US market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.4%), WRK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.5%), WRK's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/09 22:32 |
| End of Day Share Price | 2024/07/08 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
WestRock Company is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Coleman | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |