Packaging Corp of America
PKGPackaging Corporation of America (PKG) is a leading manufacturer of containerboard and corrugated packaging products in the United States. Founded in 1959, it produces a wide range of packaging solutions for various industries, including consumer goods, e-commerce, and industrial markets. PKG emphasizes sustainable manufacturing practices and has a significant presence in the paperboard and packaging sectors.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 14, 2026 | $1.25 | 2025-12-15 | 2025-12-15 |
| October 15, 2025 | $1.25 | 2025-09-15 | 2025-09-15 |
| July 15, 2025 | $1.25 | 2025-06-13 | 2025-06-13 |
| April 15, 2025 | $1.25 | 2025-03-14 | 2025-03-14 |
| January 15, 2025 | $1.25 | 2024-12-20 | 2024-12-20 |
Dividends Summary
- Consistent Payer: Packaging Corp of America has rewarded shareholders with 88 dividend payments over the past 22 years.
- Total Returned Value: Investors who held PKG shares during this period received a total of $51.32 per share in dividend income.
- Latest Payout: The most recent dividend of $1.25/share was paid 9 days ago, on January 14, 2026.
- Yield & Schedule: PKG currently pays dividends quarterly with an annual yield of 2.29%.
- Dividend Growth: Since 2004, the dividend payout has grown by 733.3%, from $0.15 to $1.25.
- Dividend Reliability: PKG has maintained or increased its dividend for 68 consecutive payments.
Company News
The global regular slotted container market is expected to expand from $35.89 billion in 2026 to $55.77 billion by 2034, driven by rising e-commerce, sustainability demands, and cost-effective packaging needs across various industries.
Packaging Corporation of America reported Q2 2025 earnings with non-GAAP EPS of $2.48, exceeding analyst expectations. The Packaging segment drove performance with a 23.8% increase in operating income, supported by higher pricing and cost control strategies.
The global rigid box market is expected to grow from $83.92 billion in 2025 to $100.75 billion by 2034, driven by rising demand for premium packaging, growth of e-commerce, and emphasis on sustainable and customized solutions.
Packaging Corp. (PKG) has a positive Earnings ESP and a Zacks Rank #2, suggesting it could beat earnings estimates in its upcoming report. The company has a history of topping earnings estimates, with an average surprise of 11.93% over the past two quarters.
Packaging Corp (PKG) gains from increased e-commerce activities, which, in turn, aid packaging demand.
