PKG Packaging Corp of America

  • STOCK
  • PKG
  • Price as of: Dec 17, 10:32 PM EST
  • $77.95
  • +$1.40
  • +1.8%
  • Industry
  • Packaging & containers
Share

PKG Stock Dividend Data

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  • Dividend Yield
    2.05% Consumer Goods Average 2.28%
  • Annual Payout
    $1.60 Paid Quarterly
  • Payout Ratio
    34.3% EPS $4.67
  • Dividend Growth
    3 yrs Since 2011
  • Get PKG DARS™ Rating
DARS Rating™ Breakdown

Dividend.com DARS Rating™ Breakdown for PKG

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Metric PKG Rank PKG Avg Ranking Notes
Relative Strength Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock is performing in-line with the market or better.
Overall Yield Attractiveness Sign Up For Ticker Ranking Sign Up For Sector Ranking Stock's dividend yield is above average.
Dividend Reliability Sign Up For Ticker Ranking Sign Up For Sector Ranking This rating is related to the length and consistency of a company's dividend payouts, as well as our opinion on how likely the company is to continue payouts in the future.
Dividend Uptrend Sign Up For Ticker Ranking Sign Up For Sector Ranking Dividend payouts are consistent, but increases small.
Earnings Growth Sign Up For Ticker Ranking Sign Up For Sector Ranking Earnings estimates are uptrending.
DARS Rating Sign Up For Ticker Ranking Sign Up For Sector Ranking Sign Up For DARS Ratings
Growth History

PKG Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal More Dividend Growth History for PKG 36.1% 51.3% 3 years
Reveal More Dividend Growth History for PKG
Historical Annual Dividend Data & Growth

PKG Historical Annual Dividend Data & Growth

Payout Amount Calendar Year Annual Growth
$1.5125 2013 51.3%
$1.0000 2012 25.0%
Historical Dividend Data

PKG Dividend History

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.4000 2014-12-08 2014-12-17 2014-12-19 2015-01-15 Yes Regular Quarter
$0.4000 2014-08-28 2014-09-11 2014-09-15 2014-10-15 Yes Regular Quarter
$0.4000 2014-05-14 2014-06-11 2014-06-13 2014-07-15 Yes Regular Quarter
$0.4000 2014-02-27 2014-03-12 2014-03-14 2014-04-15 Yes Regular Quarter
$0.4000 2013-12-11 2013-12-19 2013-12-23 2014-01-15 Yes Regular Quarter
$0.4000 2013-08-28 2013-09-11 2013-09-13 2013-10-15 Yes Regular Quarter
$0.4000 2013-05-01 2013-06-12 2013-06-14 2013-07-15 Yes Regular Quarter
$0.3125 2013-01-14 2013-03-13 2013-03-15 2013-04-15 Yes Regular Quarter
$0.2500 2012-12-06 2012-12-13 2012-12-17 2012-12-28 Yes Regular Quarter
$0.2500 2012-09-05 2012-09-13 2012-09-17 2012-10-15 Yes Regular Quarter
$0.2500 2012-05-10 2012-06-13 2012-06-15 2012-07-13 Yes Regular Quarter
$0.2500 2012-02-17 2012-03-13 2012-03-15 2012-04-13 Yes Regular Quarter
$0.2000 2011-12-07 2011-12-15 2011-12-19 2012-01-13 Yes Regular Quarter
$0.2000 2011-08-31 2011-09-13 2011-09-15 2011-10-14 Yes Regular Quarter
$0.2000 2011-05-11 2011-06-13 2011-06-15 2011-07-15 Yes Regular Quarter
$0.2000 2011-02-22 2011-03-11 2011-03-15 2011-04-15 Yes Regular Quarter
$0.1500 2010-12-07 2010-12-13 2010-12-15 2011-01-14 Yes Regular Quarter
$0.1500 2010-09-01 2010-09-13 2010-09-15 2010-10-15 Yes Regular Quarter
$0.1500 2010-05-14 2010-06-11 2010-06-15 2010-07-15 Yes Regular Quarter
$0.1500 2010-02-26 2010-03-11 2010-03-15 2010-04-15 Yes Regular Quarter
$0.1500 2009-12-08 2009-12-11 2009-12-15 2010-01-15 Yes Regular Quarter
$0.1500 2009-09-04 2009-09-11 2009-09-15 2009-10-15 Yes Regular Quarter
$0.1500 2009-05-28 2009-06-11 2009-06-15 2009-07-15 Yes Regular Quarter
$0.1500 2009-02-26 2009-03-11 2009-03-13 2009-04-15 Yes Regular Quarter
$0.3000 2008-12-04 2008-12-11 2008-12-15 2009-01-15 Yes Regular Quarter
$0.3000 2008-09-09 2008-09-11 2008-09-15 2008-10-15 Yes Regular Quarter
$0.3000 2008-05-16 2008-06-11 2008-06-13 2008-07-15 Yes Regular Quarter
$0.3000 2008-02-20 2008-03-12 2008-03-14 2008-04-15 Yes Regular Quarter
$0.3000 2007-10-17 2007-12-12 2007-12-14 2008-01-15 Yes Regular Quarter
$0.2500 2007-09-11 2007-09-12 2007-09-14 2007-10-15 Yes Regular Quarter
$0.2500 2007-06-04 2007-06-13 2007-06-15 2007-07-13 Yes Regular Quarter
$0.2500 2007-03-05 2007-03-13 2007-03-15 2007-04-13 Yes Regular Quarter
$0.2500 2006-12-07 2006-12-13 2006-12-15 2007-01-12 Yes Regular Quarter
$0.2500 2006-08-25 2006-09-13 2006-09-15 2006-10-13 Unknown Regular Quarter
$0.2500 2006-05-16 2006-06-13 2006-06-15 2006-07-14 Unknown Regular Quarter
$0.2500 2006-02-13 2006-03-13 2006-03-15 2006-04-14 Unknown Regular Quarter
$0.2500 2005-12-09 2005-12-13 2005-12-15 2006-01-13 Unknown Regular Quarter
$0.2500 2005-08-25 2005-09-13 2005-09-15 2005-10-14 Unknown Regular Quarter
$0.2500 2005-05-05 2005-06-13 2005-06-15 2005-07-15 Unknown Regular Quarter
$0.2500 2005-01-19 2005-03-11 2005-03-15 2005-04-15 Unknown Regular Quarter
$0.1500 2004-12-08 2004-12-13 2004-12-15 2005-01-18 Unknown Regular Quarter
$0.1500 2004-09-01 2004-09-13 2004-09-15 2004-10-15 Unknown Regular Quarter
$0.1500 2004-05-14 2004-06-14 2004-06-15 2004-07-15 Unknown Regular Quarter
$0.1500 2004-03-04 2004-03-11 2004-03-15 2004-04-15 Unknown Regular Quarter
$0.1500 2003-10-13 2003-12-11 2003-12-15 2004-01-15 Unknown Regular Quarter
Company Profile

PKG Company Profile

Exchange: NYSE
Sector: Consumer Goods

Packaging Corp of America- (PKG)-produces containerboard and corrugated products in the United States. The company was founded in 1867 and is headquartered in Lake Forest, Illinois.

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News

Packaging Corp of America News

  • Jefferies Upgrades Packaging Corp of America (PKG)

    Jefferies announced on Monday that it has upgraded Packaging Corp of America (PKG) from "Hold" to "Buy." The firm also raised PKG's price target from $49.00 to $70.00. Jefferies analyst Philip Ng also gave the company bull-case scenario target of $88. The upgrade comes after the firm announced earlier today that it has agreed to purchase all outstanding shares of Boise Inc. (BZ)  for $1.995 billion. Analyst Ng believes the new acquisition will result in an attractive multiple. Packaging Corp of America shares rallied 9.73% during Monday's session. Year-to-date, the stock is up 39.87%.

    The Bottom Line

    Shares of Packaging Corp of America (PKG) currently yield 2.65% based on Monday's closing price of $60.43 and its annual payout of $1.60. Packaging Corp of America (PKG)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
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  • Packaging Corp Of America to Acquire Boise for $1.995B (PKG,BZ)

    Containerboard producer Packaging Corp Of America (PKG) announced on Monday that it has agreed to purchase all outstanding shares of Boise Inc. (BZ) for $1.995 billion. PKG will acquire the outstanding shares of the packaging and paper product company for $12.55 per share, totalling $1.995 billion. This amount includes $714 million of outstanding indebtedness of BZ. Together the two companies have brought in $5.5 billion in sales and $879 million in EBITDA over the last year. PKG's containerboard capacity is expected to grow from $2.6 million tons to $3.7 million tons with the purchase of BZ. PKG's Executive Chairman Paul Stecko commented: “The acquisition is an excellent fit, both geographically and strategically, with unique and substantial synergies. It provides the containerboard that PCA needs to support our strong corrugated products growth. The DeRidder containerboard mill is low cost, located in a very good wood basket and, after the D2 machine conversion, provides almost one million tons of primarily lightweight containerboard. The combined company is expected to generate strong financial results and strong cash flow which will be used to pay down debt as well as to continue to return value to our shareholders.” Packaging Corp Of America shares were up $5.96, or 10.93%, during pre-market trading Monday. The stock is up 42% YTD. Boise shares were up $2.66, or 26.71% during premarket trading Monday. The stock is up 25% YTD.

    The Bottom Line

    Shares of Packaging Corp Of America (PKG) have a 2.93% yield based on Friday's closing price of $54.55. Packaging Corp Of America (PKG) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.
    Expand to read the full story
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