Packaging Corporation of America (NYSE:PKG) to Issue $1.25 Quarterly Dividend

Packaging Corporation of America (NYSE:PKG) announced a quarterly dividend on Wednesday, February 25th. Investors of record on Friday, March 13th will be paid 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 is Friday, March 13th.

Packaging Corporation of America has increased its dividend by an average of 0.1%annually over the last three years. Packaging Corporation of America has a payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Equities 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 Performance

Shares of Packaging Corporation of America stock traded up $0.04 during trading on Thursday, reaching $230.96. The company’s stock had a trading volume of 255,308 shares, compared to its average volume of 1,059,193. Packaging Corporation of America has a one year low of $172.71 and a one year high of $249.51. The firm has a market cap of $20.78 billion, a price-to-earnings ratio of 26.95, a price-to-earnings-growth ratio of 1.76 and a beta of 0.88. The business’s fifty day moving average price is $222.18 and its 200-day moving average price is $211.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.00 and a current ratio of 3.16.

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