MeadWestvaco (MWV) Tops Q4 EPS by 1c
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MeadWestvaco (MWV) Declares $0.25 Quarterly Dividend; 2.2% Yield
January 26, 2015 6:58 AM ESTMeadWestvaco (NYSE: MWV) declared a quarterly dividend of $0.25 per share, or $1 annualized.
The dividend will be payable on March 2, 2015, to stockholders of record on February 5, 2015, with an ex-dividend date of February 3, 2015.
The annual yield on the dividend is 2.2 percent.
For a dividend... More
Rock-Tenn (RKT), MeadWestvaco (MWV) Enter $16B Merger Agreement
January 26, 2015 6:14 AM ESTRock-Tenn Company (RockTenn) (NYSE: RKT) and MeadWestvaco Corporation (MWV) (NYSE: MWV) today announced that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging (NewCo) in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.
Under the terms of the agreement, which has been... More
