$224.39
-0.20%Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Total Payments
50
Latest Dividend
$1.5000
Annual Amount
$5.2500
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 12, 2026 | Jun 15, 2026 | Jul 15, 2026 | $1.5000 | $1.5000 | Quarterly | +20.00% |
Feb 25, 2026 | Mar 13, 2026 | Apr 15, 2026 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Dec 3, 2025 | Dec 15, 2025 | Jan 14, 2026 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Aug 20, 2025 | Sep 15, 2025 | Oct 15, 2025 | $1.2500 | $1.2500 | Quarterly | 0.00% |
May 7, 2025 | Jun 13, 2025 | Jul 15, 2025 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Feb 26, 2025 | Mar 14, 2025 | Apr 15, 2025 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Dec 10, 2024 | Dec 20, 2024 | Jan 15, 2025 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Aug 27, 2024 | Sep 16, 2024 | Oct 15, 2024 | $1.2500 | $1.2500 | Quarterly | 0.00% |
May 8, 2024 | Jun 14, 2024 | Jul 15, 2024 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Feb 28, 2024 | Mar 15, 2024 | Apr 15, 2024 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Dec 7, 2023 | Dec 18, 2023 | Jan 15, 2024 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Sep 13, 2023 | Sep 25, 2023 | Oct 13, 2023 | $1.2500 | $1.2500 | Quarterly | 0.00% |
May 2, 2023 | Jun 15, 2023 | Jul 14, 2023 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Feb 23, 2023 | Mar 15, 2023 | Apr 14, 2023 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Dec 8, 2022 | Dec 19, 2022 | Jan 13, 2023 | $1.2500 | $1.2500 | Quarterly | 0.00% |
Sep 21, 2022 | Oct 3, 2022 | Oct 17, 2022 | $1.2500 | $1.2500 | Quarterly | 0.00% |
May 18, 2022 | Jun 15, 2022 | Jul 15, 2022 | $1.2500 | $1.2500 | Quarterly | +25.00% |
Feb 24, 2022 | Mar 15, 2022 | Apr 15, 2022 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Dec 10, 2021 | Dec 20, 2021 | Jan 14, 2022 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Aug 26, 2021 | Sep 15, 2021 | Oct 15, 2021 | $1.0000 | $1.0000 | Quarterly | 0.00% |
May 5, 2021 | Jun 15, 2021 | Jul 15, 2021 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Feb 24, 2021 | Mar 15, 2021 | Apr 15, 2021 | $1.0000 | $1.0000 | Quarterly | 0.00% |
Dec 10, 2020 | Dec 21, 2020 | Jan 15, 2021 | $1.0000 | $1.0000 | Quarterly | +26.58% |
Aug 25, 2020 | Sep 15, 2020 | Oct 15, 2020 | $0.7900 | $0.7900 | Quarterly | 0.00% |
May 5, 2020 | Jun 15, 2020 | Jul 15, 2020 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Feb 25, 2020 | Mar 13, 2020 | Apr 15, 2020 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Dec 10, 2019 | Dec 20, 2019 | Jan 15, 2020 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Aug 21, 2019 | Sep 13, 2019 | Oct 15, 2019 | $0.7900 | $0.7900 | Quarterly | 0.00% |
May 10, 2019 | Jun 14, 2019 | Jul 15, 2019 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Feb 28, 2019 | Mar 15, 2019 | Apr 15, 2019 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Dec 5, 2018 | Dec 17, 2018 | Jan 15, 2019 | $0.7900 | $0.7900 | Quarterly | 0.00% |
Aug 30, 2018 | Sep 14, 2018 | Oct 15, 2018 | $0.7900 | $0.7900 | Quarterly | 0.00% |
May 15, 2018 | Jun 15, 2018 | Jul 13, 2018 | $0.7900 | $0.7900 | Quarterly | +25.40% |
Feb 27, 2018 | Mar 15, 2018 | Apr 13, 2018 | $0.6300 | $0.6300 | Quarterly | 0.00% |
Dec 14, 2017 | Dec 26, 2017 | Jan 12, 2018 | $0.6300 | $0.6300 | Quarterly | 0.00% |
Aug 22, 2017 | Sep 15, 2017 | Oct 13, 2017 | $0.6300 | $0.6300 | Quarterly | 0.00% |
May 19, 2017 | Jun 15, 2017 | Jul 14, 2017 | $0.6300 | $0.6300 | Quarterly | 0.00% |
Mar 6, 2017 | Mar 15, 2017 | Apr 14, 2017 | $0.6300 | $0.6300 | Quarterly | 0.00% |
Dec 14, 2016 | Dec 23, 2016 | Jan 13, 2017 | $0.6300 | $0.6300 | Quarterly | 0.00% |
Sep 1, 2016 | Sep 15, 2016 | Oct 14, 2016 | $0.6300 | $0.6300 | Quarterly | +14.55% |
May 20, 2016 | Jun 15, 2016 | Jul 15, 2016 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Feb 26, 2016 | Mar 15, 2016 | Apr 15, 2016 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Dec 16, 2015 | Dec 28, 2015 | Jan 15, 2016 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Sep 1, 2015 | Sep 15, 2015 | Oct 15, 2015 | $0.5500 | $0.5500 | Quarterly | 0.00% |
May 21, 2015 | Jun 15, 2015 | Jul 15, 2015 | $0.5500 | $0.5500 | Quarterly | 0.00% |
Mar 2, 2015 | Mar 13, 2015 | Apr 15, 2015 | $0.5500 | $0.5500 | Quarterly | +37.50% |
Dec 10, 2014 | Dec 19, 2014 | Jan 15, 2015 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Aug 29, 2014 | Sep 15, 2014 | Oct 15, 2014 | $0.4000 | $0.4000 | Quarterly | 0.00% |
May 15, 2014 | Jun 13, 2014 | Jul 15, 2014 | $0.4000 | $0.4000 | Quarterly | 0.00% |
Feb 28, 2014 | Mar 14, 2014 | Apr 15, 2014 | $0.4000 | $0.4000 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Continue your PKG research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.