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.