NEW YORK, NY, Westvaco Corporation today announced that its Board of Directors has declared a fiscal 2001 first quarter common stock dividend of 22 cents per share. The dividend is payable on January 2, 2001 to shareholders of record as of December 8, 2000. The January payment will mark Westvaco's 421st consecutive quarterly common stock cash dividend. Westvaco has one of the longest records of uninterrupted quarterly dividend payments among companies listed on the New York Stock Exchange.