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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.

Packaging of America Dividend Announcement

Packaging of America announced a quarterly dividend of $1.25 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-16
Packaging of America annual dividend for 2024 was $3.75
Packaging of America annual dividend for 2023 was $5.00
Packaging of America's trailing twelve-month (TTM) dividend yield is 2.09%
Packaging of America's payout ratio for the trailing twelve months (TTM) is 58.14%
Packaging of America's dividend growth over the last five years (2018-2023) was 10.76% year
Packaging of America's dividend growth over the last ten years (2013-2023) was 12.70% year

Packaging of America Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$1.25quarterly2024-10-15
2024-06-14$1.25quarterly2024-07-15
2024-03-14$1.25quarterly2024-04-15
2023-12-15$1.25quarterly2024-01-15
2023-09-22$1.25quarterly2023-10-13
2023-06-14$1.25quarterly2023-07-14
2023-03-14$1.25quarterly2023-04-14
2022-12-16$1.25quarterly2023-01-13
2022-09-30$1.25quarterly2022-10-17
2022-06-14$1.25quarterly2022-07-15
2022-03-14$1.00quarterly2022-04-15
2021-12-17$1.00quarterly2022-01-14
2021-09-14$1.00quarterly2021-10-15
2021-06-14$1.00quarterly2021-07-15
2021-03-12$1.00quarterly2021-04-15
2020-12-18$1.00quarterly2021-01-15
2020-09-14$0.79quarterly2020-10-15
2020-06-12$0.79quarterly2020-07-15
2020-03-12$0.79quarterly2020-04-15
2019-12-19$0.79quarterly2020-01-15
2019-09-12$0.79quarterly2019-10-15
2019-06-13$0.79quarterly2019-07-15
2019-03-14$0.79quarterly2019-04-15
2018-12-14$0.79quarterly2019-01-15
2018-09-13$0.79quarterly2018-10-15
2018-06-14$0.79quarterly2018-07-13
2018-03-14$0.63quarterly2018-04-13
2017-12-22$0.63quarterly2018-01-12
2017-09-14$0.63quarterly2017-10-13
2017-06-13$0.63quarterly2017-07-14
2017-03-13$0.63quarterly2017-04-14
2016-12-21$0.63quarterly2017-01-13
2016-09-13$0.63quarterly2016-10-14
2016-06-13$0.55quarterly2016-07-15
2016-03-11$0.55quarterly2016-04-15
2015-12-23$0.55quarterly2016-01-15
2015-09-11$0.55quarterly2015-10-15
2015-06-11$0.55quarterly2015-07-15
2015-03-11$0.55quarterly2015-04-15
2014-12-17$0.40quarterly2015-01-15
2014-09-11$0.40quarterly2014-10-15
2014-06-11$0.40quarterly2014-07-15
2014-03-12$0.40quarterly2014-04-15
2013-12-19$0.40quarterly2014-01-15
2013-09-11$0.40quarterly2013-10-15
2013-06-12$0.40quarterly2013-07-15
2013-03-13$0.31quarterly2013-04-15

Packaging of America Dividend per year

Packaging of America Dividend growth

Packaging of America Dividend Yield

Packaging of America current trailing twelve-month (TTM) dividend yield is 2.09%. Interested in purchasing Packaging of America stock? Use our calculator to estimate your expected dividend yield:

Packaging of America Financial Ratios

P/E ratio27.68
PEG ratio0.97
P/B ratio5.01
ROE18.79%
Payout ratio58.14%
Current ratio2.95
Quick ratio1.98
Cash Ratio0.61

Packaging of America Dividend FAQ

How much is the next Packaging of America dividend?
Packaging of America's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Packaging of America dividend. The next Packaging of America dividend will be released in March, June, September, or December.
When is Packaging of America dividend paid?
Packaging of America pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Packaging of America pay?
The specific amount of Packaging of America dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Packaging of America's dividend history.
Does Packaging of America stock pay dividends?
Yes, Packaging of America does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Packaging of America's dividend history.
How much dividend does Packaging of America pay?
Packaging of America paid $3.75 in 2024, $5.0 in 2023, $4.75 in 2022, $4.0 in 2021, and $3.37 in 2020.
How often does Packaging of America pay dividends?
Packaging of America typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Packaging of America's dividend yield?
The current dividend yield for Packaging of America is 2.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Packaging of America's exact dividend yield.
When does Packaging of America go ex dividend?
Packaging of America's ex-dividend date for the latest dividend was on 2024-09-16. Packaging of America typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Packaging of America dividend paid?
Packaging of America pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Packaging of America increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Packaging of America will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Packaging of America dividend per share?
Packaging of America paid $3.75 per share in 2024 and $5.0 per share in 2023. The amount of dividend per share that Packaging of America pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Packaging of America a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Packaging of America a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Packaging of America a dividend stock?
Yes, Packaging of America is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Packaging of America a good dividend stock?
Whether Packaging of America is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Packaging of America has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Packaging of America as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Packaging of America pay dividends monthly?
Packaging of America typically pays dividends on a quarterly basis.
Does Packaging of America pay dividends quarterly?
Packaging of America currently pays dividends on a quarterly basis.
Has Packaging of America ever paid a dividend?
Yes, Packaging of America has a history of paying dividends to its shareholders. Packaging of America is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Packaging of America dividend stocks?
To buy Packaging of America you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Packaging of America stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Packaging of America pay dividends 2024?
Packaging of America pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Packaging of America increase its dividend in 2024?
Decisions regarding Packaging of America dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Packaging of America dividend overview you can look into the above table of dividend history.
How Packaging of America dividend works?
The Packaging of America dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Packaging of America's dividend process works:

1. Determination of Dividend: Packaging of America's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Packaging of America publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Packaging of America distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Packaging of America are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Packaging of America dividends paid?
Packaging of America dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Packaging of America sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Packaging of America distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Packaging of America declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Packaging of America pay dividends?
Packaging of America typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Packaging of America pay dividends?
The general pattern is that Packaging of America pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Packaging of America dividend safe?
The safety of Packaging of America's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Packaging of America's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Packaging of America's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.