Packaging Corporation of America logo
Packaging Corporation of America (PKG)
Compare

PKG Dividends

Packaging Corporation of America (PKG) pays $5.25 in dividends per share, with a current dividend yield of 2.21%.

PKG Dividend Summary

Consecutive Years

0

Most Recent Ex-Date

Jun 15, 2026

Next Payment Date

Jul 15, 2026

PKG Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

PKG Dividends CAGR Chart

Packaging Corporation of America (PKG)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$2.75
2025$5.00+0.00%
2024$5.00+0.00%
2023$5.00+5.26%
2022$4.75+18.75%
2021$4.00+18.69%
2020$3.37+6.65%
2019$3.16+5.33%
2018$3.00+19.05%
2017$2.52+6.78%
2016$2.36+7.27%
2015$2.20+37.50%
2014$1.60+5.79%
2013$1.51+51.25%
2012$1.00+25.00%
2011$0.80+33.33%
2010$0.60+0.00%
2009$0.60-50.00%
2008$1.20+14.29%
2007$1.05+5.00%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$1.50+20.00%
Q1 2026$1.25+0.00%
Q4 2025$1.25+0.00%
Q3 2025$1.25+0.00%
Q2 2025$1.25+0.00%
Q1 2025$1.25+0.00%
Q4 2024$1.25+0.00%
Q3 2024$1.25+0.00%
Q2 2024$1.25+0.00%
Q1 2024$1.25+0.00%
Q4 2023$1.25+0.00%
Q3 2023$1.25+0.00%
Q2 2023$1.25+0.00%
Q1 2023$1.25+25.00%
Q4 2022$1.25+25.00%
Q3 2022$1.25+25.00%
Q2 2022$1.25+25.00%
Q1 2022$1.00+0.00%
Q4 2021$1.00+0.00%
Q3 2021$1.00+26.58%
Q2 2021$1.00+26.58%
Q1 2021$1.00+26.58%
Q4 2020$1.00+26.58%
Q3 2020$0.79+0.00%

Dividend Yield Metrics

Current Yield
2.21%
Average Yield (TTM)
2.21%
Average Yield (3Y)
2.10%
Forward Yield on Cost (3Y)
2.76%
Forward Yield on Cost (5Y)
3.20%
Forward Yield on Cost (10Y)
4.64%

Payout Ratio Analysis

Payout Ratio (Current)
63.88%
FCF Payout Ratio
67.32%
Payout Ratio (3Y Avg)
57.50%
Payout Ratio (5Y Avg)
52.10%
FCF Payout (3Y Avg)
66.64%
FCF Payout (5Y Avg)
68.45%

Dividend Coverage

Payout Ratio
63.9%
Dividends / net income
FCF Payout Ratio
67.3%
Dividends / free cash flow
Consecutive Years
N/A
Years with regular dividend payments
5Y Dividend Growth
8.2%
Compound annual dividend growth

About Packaging Corporation of America

Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.

Lake Forest, IL
15,400 employees
Consumer Cyclical / Packaging & Containers
Sector
Consumer Cyclical
Industry
Packaging & Containers
CEO
Mark W. Kowlzan