Packaging Corporation of America Stock Dividends Overview

PKG pays dividends quarterly. Last paid amount was $1.25 at Apr 15, 2024. As of today, dividend yield (TTM) is 3.90%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.90%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $1.25
Packaging Corporation of America has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.

PKG Dividend Payout History

To ensure a understanding of PKG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 28, 2024 Mar 15, 2024 Apr 15, 2024 $1.25 0.693%
2 Feb 28, 2024 Mar 14, 2024 Apr 15, 2024 $1.25 0.693%
3 Dec 15, 2023 Dec 15, 2023 Jan 15, 2024 $1.25 0.752%
4 Sep 13, 2023 Sep 22, 2023 Oct 13, 2023 $1.25 0.83%
5 May 02, 2023 Jun 14, 2023 Jul 14, 2023 $1.25 0.93%
6 Feb 23, 2023 Mar 14, 2023 Apr 14, 2023 $1.25 0.89%
7 Dec 08, 2022 Dec 16, 2022 Jan 13, 2023 $1.25 0.92%
8 Sep 21, 2022 Sep 30, 2022 Oct 17, 2022 $1.25 1.08%
9 May 18, 2022 Jun 14, 2022 Jul 15, 2022 $1.25 0.92%
10 Feb 24, 2022 Mar 14, 2022 Apr 15, 2022 $1.00 0.613%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (62.59%)

Growth potential

Increase likely (41.48%)

PKG Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PKG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PKG stock here.

Comparing PKG to Sector and Country

PKG pays a solid dividend yield of 3.90%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.606%). PKG’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.64%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of PKG's dividend payments?
The amount of PKG's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PKG sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PKG stock be automatically reinvested?
If PKG offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PKG stock.

How often does PKG pay dividend?
Packaging Corporation of America (PKG) pays dividends quarterly. The most recent payout was on Apr 15, 2024.

How much does PKG pays per share?
The last recorder (Mar 15, 2024) dividend per share was $1.25.

What is PKG dividend growth rate?
Over the last year, Packaging Corporation of America has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 7.72%. Furthermore, examining the past 5 years, Packaging Corporation of America has maintained an average Dividends Per Share Growth Rate of 9.61%.
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About Packaging Corporation of America

Packaging  of America Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail... PKG Profile

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