Packaging Corporation of America (PKG) to Issue Quarterly Dividend of $1.25 on January 14th

Packaging Corporation of America (NYSE:PKG) declared a quarterly dividend on Wednesday, December 3rd. Shareholders of record on Monday, December 15th will be paid a dividend of 1.25 per share by the industrial products company on Wednesday, January 14th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, December 15th.

Packaging Corporation of America has increased its dividend by an average of 0.1%per year over the last three years. Packaging Corporation of America has a dividend payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Packaging Corporation of America to earn $11.41 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 43.8%.

Packaging Corporation of America Trading Down 0.7%

NYSE PKG opened at $196.63 on Friday. Packaging Corporation of America has a 12-month low of $172.71 and a 12-month high of $245.87. The company has a fifty day simple moving average of $203.96 and a two-hundred day simple moving average of $202.09. The company has a current ratio of 3.16, a quick ratio of 2.00 and a debt-to-equity ratio of 0.84. The stock has a market cap of $17.69 billion, a P/E ratio of 19.88, a P/E/G ratio of 1.45 and a beta of 0.89.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.73 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.10). The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Packaging Corporation of America had a net margin of 10.18% and a return on equity of 19.72%. Packaging Corporation of America’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm earned $2.65 earnings per share. Packaging Corporation of America has set its Q4 2025 guidance at 2.400-2.400 EPS. On average, analysts forecast that Packaging Corporation of America will post 10.44 earnings per share for the current year.

Insider Activity at Packaging Corporation of America

In other news, CEO Mark W. Kowlzan sold 25,000 shares of Packaging Corporation of America stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $215.97, for a total transaction of $5,399,250.00. Following the completion of the transaction, the chief executive officer directly owned 437,378 shares of the company’s stock, valued at $94,460,526.66. The trade was a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by insiders.

Institutional Trading of Packaging Corporation of America

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. World Investment Advisors increased its holdings in Packaging Corporation of America by 4.1% in the third quarter. World Investment Advisors now owns 1,279 shares of the industrial products company’s stock valued at $279,000 after buying an additional 50 shares in the last quarter. Advyzon Investment Management LLC grew its position in shares of Packaging Corporation of America by 3.3% during the 2nd quarter. Advyzon Investment Management LLC now owns 1,608 shares of the industrial products company’s stock valued at $303,000 after acquiring an additional 52 shares during the period. Argent Advisors Inc. grew its position in shares of Packaging Corporation of America by 1.9% during the 3rd quarter. Argent Advisors Inc. now owns 2,852 shares of the industrial products company’s stock valued at $622,000 after acquiring an additional 52 shares during the period. Eastern Bank increased its stake in shares of Packaging Corporation of America by 11.0% in the 3rd quarter. Eastern Bank now owns 555 shares of the industrial products company’s stock valued at $121,000 after purchasing an additional 55 shares in the last quarter. Finally, Forza Wealth Management LLC raised its holdings in Packaging Corporation of America by 2.8% in the 2nd quarter. Forza Wealth Management LLC now owns 2,076 shares of the industrial products company’s stock worth $391,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.