MeadWestvaco Corp. (MWV) Increases Quarterly Dividend 9% to $0.25; Yields 4%.

MeadWestvaco Corporation (NYSE: MWV) declared an increase in the company’s quarterly cash dividend to $0.25 per share of common stock, $1.00 annualized. The dividend is a 9% increase from the current rate of $0.23. The dividend is payable on December 1, 2010, to stockholders of record at the close of business on November 26, 2010. The ex-dividend date is November 24, 2010. Yield on the dividend is 4%.... Read more

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