Packaging Corporation of America

Packaging Corporation of America

PKGยทNYSE

$224.39

-0.20%
Consumer CyclicalPackaging & Containers

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.

At a Glance

Live Snapshot
Market Cap$19.99B
EPS8.6100
P/E Ratio26.06
Earnings Date07/22/2026
0.59%
Dividend Yield
-3%
3Y-35.0%
5Y-21.0%
10Y-29.0%
64.69%
Dividend Payout Ratio
-42%
3Y+10.0%
5Y+14.0%
10Y+45.0%
3Y-3.0%
5Y+50.0%
10Y+112.0%
Packaging Corporation of America

Packaging Corporation of America Dividend History

PKG ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

PKG Dividend Payment History

PKG ยท NYSE

Total Payments

50

Latest Dividend

$1.5000

Annual Amount

$5.2500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 12, 2026
Jun 15, 2026Jul 15, 2026
$1.5000
$1.5000
Quarterly+20.00%
Feb 25, 2026
Mar 13, 2026Apr 15, 2026
$1.2500
$1.2500
Quarterly0.00%
Dec 3, 2025
Dec 15, 2025Jan 14, 2026
$1.2500
$1.2500
Quarterly0.00%
Aug 20, 2025
Sep 15, 2025Oct 15, 2025
$1.2500
$1.2500
Quarterly0.00%
May 7, 2025
Jun 13, 2025Jul 15, 2025
$1.2500
$1.2500
Quarterly0.00%
Feb 26, 2025
Mar 14, 2025Apr 15, 2025
$1.2500
$1.2500
Quarterly0.00%
Dec 10, 2024
Dec 20, 2024Jan 15, 2025
$1.2500
$1.2500
Quarterly0.00%
Aug 27, 2024
Sep 16, 2024Oct 15, 2024
$1.2500
$1.2500
Quarterly0.00%
May 8, 2024
Jun 14, 2024Jul 15, 2024
$1.2500
$1.2500
Quarterly0.00%
Feb 28, 2024
Mar 15, 2024Apr 15, 2024
$1.2500
$1.2500
Quarterly0.00%
Dec 7, 2023
Dec 18, 2023Jan 15, 2024
$1.2500
$1.2500
Quarterly0.00%
Sep 13, 2023
Sep 25, 2023Oct 13, 2023
$1.2500
$1.2500
Quarterly0.00%
May 2, 2023
Jun 15, 2023Jul 14, 2023
$1.2500
$1.2500
Quarterly0.00%
Feb 23, 2023
Mar 15, 2023Apr 14, 2023
$1.2500
$1.2500
Quarterly0.00%
Dec 8, 2022
Dec 19, 2022Jan 13, 2023
$1.2500
$1.2500
Quarterly0.00%
Sep 21, 2022
Oct 3, 2022Oct 17, 2022
$1.2500
$1.2500
Quarterly0.00%
May 18, 2022
Jun 15, 2022Jul 15, 2022
$1.2500
$1.2500
Quarterly+25.00%
Feb 24, 2022
Mar 15, 2022Apr 15, 2022
$1.0000
$1.0000
Quarterly0.00%
Dec 10, 2021
Dec 20, 2021Jan 14, 2022
$1.0000
$1.0000
Quarterly0.00%
Aug 26, 2021
Sep 15, 2021Oct 15, 2021
$1.0000
$1.0000
Quarterly0.00%
May 5, 2021
Jun 15, 2021Jul 15, 2021
$1.0000
$1.0000
Quarterly0.00%
Feb 24, 2021
Mar 15, 2021Apr 15, 2021
$1.0000
$1.0000
Quarterly0.00%
Dec 10, 2020
Dec 21, 2020Jan 15, 2021
$1.0000
$1.0000
Quarterly+26.58%
Aug 25, 2020
Sep 15, 2020Oct 15, 2020
$0.7900
$0.7900
Quarterly0.00%
May 5, 2020
Jun 15, 2020Jul 15, 2020
$0.7900
$0.7900
Quarterly0.00%
Feb 25, 2020
Mar 13, 2020Apr 15, 2020
$0.7900
$0.7900
Quarterly0.00%
Dec 10, 2019
Dec 20, 2019Jan 15, 2020
$0.7900
$0.7900
Quarterly0.00%
Aug 21, 2019
Sep 13, 2019Oct 15, 2019
$0.7900
$0.7900
Quarterly0.00%
May 10, 2019
Jun 14, 2019Jul 15, 2019
$0.7900
$0.7900
Quarterly0.00%
Feb 28, 2019
Mar 15, 2019Apr 15, 2019
$0.7900
$0.7900
Quarterly0.00%
Dec 5, 2018
Dec 17, 2018Jan 15, 2019
$0.7900
$0.7900
Quarterly0.00%
Aug 30, 2018
Sep 14, 2018Oct 15, 2018
$0.7900
$0.7900
Quarterly0.00%
May 15, 2018
Jun 15, 2018Jul 13, 2018
$0.7900
$0.7900
Quarterly+25.40%
Feb 27, 2018
Mar 15, 2018Apr 13, 2018
$0.6300
$0.6300
Quarterly0.00%
Dec 14, 2017
Dec 26, 2017Jan 12, 2018
$0.6300
$0.6300
Quarterly0.00%
Aug 22, 2017
Sep 15, 2017Oct 13, 2017
$0.6300
$0.6300
Quarterly0.00%
May 19, 2017
Jun 15, 2017Jul 14, 2017
$0.6300
$0.6300
Quarterly0.00%
Mar 6, 2017
Mar 15, 2017Apr 14, 2017
$0.6300
$0.6300
Quarterly0.00%
Dec 14, 2016
Dec 23, 2016Jan 13, 2017
$0.6300
$0.6300
Quarterly0.00%
Sep 1, 2016
Sep 15, 2016Oct 14, 2016
$0.6300
$0.6300
Quarterly+14.55%
May 20, 2016
Jun 15, 2016Jul 15, 2016
$0.5500
$0.5500
Quarterly0.00%
Feb 26, 2016
Mar 15, 2016Apr 15, 2016
$0.5500
$0.5500
Quarterly0.00%
Dec 16, 2015
Dec 28, 2015Jan 15, 2016
$0.5500
$0.5500
Quarterly0.00%
Sep 1, 2015
Sep 15, 2015Oct 15, 2015
$0.5500
$0.5500
Quarterly0.00%
May 21, 2015
Jun 15, 2015Jul 15, 2015
$0.5500
$0.5500
Quarterly0.00%
Mar 2, 2015
Mar 13, 2015Apr 15, 2015
$0.5500
$0.5500
Quarterly+37.50%
Dec 10, 2014
Dec 19, 2014Jan 15, 2015
$0.4000
$0.4000
Quarterly0.00%
Aug 29, 2014
Sep 15, 2014Oct 15, 2014
$0.4000
$0.4000
Quarterly0.00%
May 15, 2014
Jun 13, 2014Jul 15, 2014
$0.4000
$0.4000
Quarterly0.00%
Feb 28, 2014
Mar 14, 2014Apr 15, 2014
$0.4000
$0.4000
Quarterly-
pkg

Packaging Corporation of America Payout Ratio Analysis

PKG ยท NYSE
Dividends Paid
-449.60M
2025
Net Income
768.90M
2025
Payout Ratio
58.47%
2025

Dividend Sustainability Analysis

Payout Ratio
58.47%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
61.7%

Solid FCF coverage. Dividend appears sustainable with reasonable cushion for maintaining capital expenditures and handling temporary setbacks.

Dividend Growth
-0.2%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.