NORTHBROOK, Ill., March 11, 2015 /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 April 13, 2015 to shareholders of record as of March 30, 2015. 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, IL, KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States. The Company is the parent company of KapStone Kraft Paper Corporation and KapStone Container Corporation which includes four paper mills and 21 converting plants, respectively, across the US. The business employs approximately 4,600 people.

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SOURCE KapStone Paper and Packaging Corporation