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PKG

Packaging Corporation of America

S&P 500
PKG|Consumer Cyclical|Packaging & Containers|$213.50|P/E 25.0|MCap 19.3B|NYSE

Last update: Mar 25, 2026 at 04:53

About 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

2.33%

Annual Dividend

$5.00

Frequency

Quarterly

Payout Ratio

58.28%

FCF Payout Ratio

61.71%

Stock Price

$213.50

52-Week Range

$172.72 $249.51

Dividend Health Score

79/ 100Safe

PKG's dividend appears safe and well-supported. Strengths include a 58.3% earnings payout ratio & 29.8% cfo payout ratio. Areas of concern: 18.9% gross margin. The dividend has been growing at a 8.21% 5-year CAGR.

Based on 15 of 15 metrics

Payout & Coverage

Safe
Earnings Payout Ratio
58.3%Safe
FCF Payout Ratio
61.7%Caution
CFO Payout Ratio
29.8%Very Safe
Interest Coverage
14.0xVery Safe

Balance Sheet

Safe
Net Debt / Total Assets
35.8%Caution
Current Ratio
3.2xVery Safe
Debt-to-Equity
94.9Safe

Profitability

Caution
Return on Equity
17.2%Safe
Operating Margin
13.6%Caution
Gross Margin
18.9%Warning
Profit Margin Stability
StableSafe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
8.2%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

PKG annual dividend per share and yield history

Earnings & Profitability

PKG earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

March 13, 2026

Next Payment Date

April 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%

Income Calculator

PKG Dividend Calculator

Total Investment

$21,350.00

Annual Income

$500.00

Quarterly Income

$125.00

Monthly Income

$41.67

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Frequently Asked Questions

What is PKG's current dividend yield?
Packaging Corporation of America (PKG) currently has a dividend yield of 2.33%, based on a stock price of $213.50 and an annual dividend of $5.00.
When is PKG's next dividend payment date?
PKG's next ex-dividend date is 2026-03-13 and the next payment date is 2026-04-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PKG pay in dividends per year?
Packaging Corporation of America paid $5.00 per share in annual dividends in 2025. The dividends are paid quarterly.
Has PKG been increasing its dividend?
Packaging Corporation of America has grown its dividend at a 5-year CAGR of 8.21% and a 10-year CAGR of 8.56%.
Is PKG's dividend safe?
Packaging Corporation of America has a payout ratio of 58.28%. Its free cash flow payout ratio is 61.71%. A payout ratio below 60% is generally considered sustainable.
How is PKG's Dividend Health Score calculated?
The Dividend Health Score evaluates Packaging Corporation of America's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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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 Health Score, 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.