Packaging Corp Of America (PKG) Dividend Yield, History & Safety Analysis
Packaging Corp Of America (PKG) pays a solid 2.79% dividend yield, or $6.00 per share annually at a stock price of $237.82. The payout ratio of 61% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.4x. Dividend growth is slowing — the 3-year CAGR of 0.0% trails the 5-year rate of 6.9% and the 10-year rate of 8.6%. The most recent ex-dividend date was June 15, 2026.
- Dividend Yield
- 2.79%
- Annual Dividend
- $6.00
- Payout Ratio
- 60.8%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-15
- Sector
- Materials
- Earnings Per Share
- $8.23
Frequently Asked Questions
What is PKG's current dividend yield?
Packaging Corp Of America (PKG) has a dividend yield of 2.79%, paying $6.00 per share annually.
How often does PKG pay dividends?
Packaging Corp Of America typically pays dividends on a quarterly basis. The annual dividend totals $6.00 per share.
Is PKG's dividend safe?
Packaging Corp Of America's dividend safety is rated "Moderate." The payout ratio of 61% is moderate. The dividend is currently covered by earnings but leaves less room for growth. Earnings cover the dividend 1.4x.
When is PKG's next ex-dividend date?
The most recent ex-dividend date for Packaging Corp Of America was June 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is PKG's dividend growth rate?
Packaging Corp Of America has a 5-year dividend compound annual growth rate (CAGR) of 6.9%. The 10-year CAGR is 8.6%.
What is PKG's payout ratio?
Packaging Corp Of America has a payout ratio of 61%, meaning it distributes 61% of its earnings as dividends. This is a moderate level.
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