WRK's most recent quarterly dividend payment was made to shareholders of record on Thursday, May 28. The current dividend yield for WestRock as of June 10, 2020 is 2.51%. The business doesn't have major debt maturities until March 2022.Stock Advisor launched in February of 2002. View which stocks are hot on social media with MarketBeat's trending stocks report.Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Get short term trading ideas from the MarketBeat Idea Engine. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:In the past three months, Westrock insiders have bought more of their company's stock than they have sold. This represents a $0.80 annualized dividend and a dividend yield of 3.24%. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Shares of WRK can be purchased through any online brokerage account. 2016 2017 2018 2019 2020 2016 2018 2020 $15 $75 0.0% 10.0% Zoom 1m 3m 6m YTD 1y All From Jun 22, 2015 To Jul 23, 2020 Price (split-adjusted) Trailing Yield Stock Split Legend (Click to show / hide lines) Compare WRK to Popular Dividend Stocks Investors might hope the shock of the situation drives lasting changes at WestRock.The coronavirus pandemic has altered consumer buying habits, which is expected to have a negative impact on WestRock.
But if those acquired assets deliver solid operating margins throughout the coronavirus pandemic, it could take some of the bite out of sharply reduced dividend payments.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.WestRock says the efforts are aimed at responding to a situation of uncertain duration while also prioritizing up to $1 billion in debt reduction over the next 18 months. May 5, 2020 7:43AM EDT (RTTNews) - WestRock Co. (WRK) said it is resetting its quarterly dividend to $0.20 per share for an annual rate of $0.80 per share. Specifically, they have bought $7,887.00 in company stock and sold $0.00 in company stock.Westrock has only been the subject of 4 research reports in the past 90 days.Westrock has a P/B Ratio of 0.67. WestRock Dividend: 0.20 for May 18, 2020.
Compare WRK With Other Stocks Want to see which stocks are moving? The basic materials company earns $862.90 million in net income (profit) each year or $3.98 on an earnings per share basis. The … This indicates that Westrock will be able to sustain or increase its dividend.Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.One share of WRK stock can currently be purchased for approximately $30.26.Westrock trades on the New York Stock Exchange (NYSE) under the ticker symbol "WRK. Export data to Excel for your own analysis.According to analysts' consensus price target of $38.50, Westrock has a potential upside of 27.2% from its current price of $30.26.83.54% of the stock of Westrock is held by institutions. Learn about financial terms, types of investments, trading strategies and more.The dividend payout ratio of Westrock is 20.10%. The effects weren't too dramatic in the three-month period ending March 2020, but stay-at-home orders only went into effect in the final two weeks of the quarter. In addition to slashing the quarterly dividend payout, WestRock will pay annual incentive and company 401 (k) contributions in common stock during calendar 2020. One move in particular is dragging the stock down by double digits today: WestRock will reduce its quarterly dividend distributions from $0.465 per share to $0.20 per share. The quarterly dividend will be paid to stockholders of record as of the close of business on May 19, 2020 and will be paid on May 28, 2020. Westrock employs 51,100 workers across the globe.Based on earnings estimates, Westrock will have a dividend payout ratio of 39.22% next year.