Packaging Corporation of America
S&P 500PKG/Consumer Cyclical · Packaging & Containers/NYSE
Dividend Yield
2.24%
$5.25 · Annual Dividend
Dividend Safety Rating
PKG's dividend appears safe and well-supported. Strengths include a 60.8% earnings payout ratio & 29.8% cfo payout ratio. Areas of concern: 19.1% gross margin. The dividend has been growing at a 8.21% 5-year CAGR.
Based on 15 of 15 metrics
Strengths
- CFO Payout Ratio: 29.8%Operating cash flow strongly supports the payout.
- Interest Coverage: 14.0xEarnings cover interest payments many times over.
- Current Ratio: 3.1xStrong short-term liquidity to meet obligations.
Risks
- Gross Margin: 19.1%Gross margin is low and limits flexibility.
Payout & Coverage
SafeBalance Sheet
SafeProfitability
CautionDividend Track Record
Very SafeAbout Packaging Corporation of America
Packaging Corporation of America is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a broad range of paper-based solutions, including recycled and virgin containerboard, custom corrugated shipping containers, retail displays, protective packaging, and point-of-purchase displays. It operates through key segments: Packaging, which offers conventional shipping containers and specialized corrugated products; Paper, producing uncoated freesheet and specialty papers; and Corporate and Other, managing transportation assets. These products serve diverse industries such as food and beverage, consumer goods, e-commerce fulfillment, industrial equipment, and manufacturing. Packaging Corporation of America maintains an integrated network of paper mills, corrugated sheet plants, converting facilities, and sales offices across the United States, with additional presence in Canada and Mexico. It sources raw materials from recycled fiber and sustainably managed forests, emphasizing a circular production model and efficient logistics for just-in-time delivery. Founded in 1959 and headquartered in Lake Forest, Illinois, the company focuses on innovative, customer-centric packaging solutions.
Dividend Overview
Dividend Yield
2.24%
Annual Dividend
$5.25
Frequency
Quarterly
Payout Ratio
60.75%
FCF Payout Ratio
63.97%
52-Week Range
$186.28 - $249.51
Dividend History (2016–2025)
PKG annual dividend per share and yield history
Earnings & Profitability
PKG earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
June 15, 2026
Next Payment Date
July 15, 2026
Dividend Growth
3-Year Dividend CAGR
1.72%
5-Year Dividend CAGR
8.21%
10-Year Dividend CAGR
8.56%
3-Year Total Growth
5.26%
5-Year Total Growth
48.37%
10-Year Total Growth
127.27%
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Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.