Packaging Corporation of America (PKG) to Issue Quarterly Dividend of $1.25 on April 15th

Packaging Corporation of America (NYSE:PKG) announced a quarterly dividend on Wednesday, February 25th. Stockholders of record on Friday, March 13th will be given a dividend of 1.25 per share by the industrial products company on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, March 13th.

Packaging Corporation of America has raised its dividend by an average of 0.1%per year over the last three years. Packaging Corporation of America has a dividend payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Packaging Corporation of America to earn $11.41 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 43.8%.

Packaging Corporation of America Stock Up 0.4%

Packaging Corporation of America stock opened at $231.89 on Friday. The company has a market capitalization of $20.87 billion, a PE ratio of 27.06, a PEG ratio of 1.77 and a beta of 0.88. Packaging Corporation of America has a 12-month low of $172.71 and a 12-month high of $249.51. The firm’s fifty day moving average is $222.74 and its 200 day moving average is $211.78. The company has a quick ratio of 2.00, a current ratio of 3.16 and a debt-to-equity ratio of 0.84.

Packaging Corporation of America (NYSE:PKG) last posted its quarterly earnings results on Tuesday, January 27th. The industrial products company reported $2.32 earnings per share for the quarter, missing the consensus estimate of $2.41 by ($0.09). The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.43 billion. Packaging Corporation of America had a net margin of 8.61% and a return on equity of 19.18%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period last year, the firm posted $2.47 earnings per share. Packaging Corporation of America has set its Q1 2026 guidance at 2.200-2.20 EPS. As a group, sell-side analysts predict that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

About Packaging Corporation of America

Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.

Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.