Packaging Corp Of America's most recent dividend of $1.5 per share was on Jun 15, 2026 (ex-date). At an annualized rate of $5.25 per share, the stock yields 2.25%. The latest PKG distribution of $1.5 marks a dividend growth of 20%.
PKG has a dividend yield of 2.25% which is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.51%, Packaging Corp Of America's dividend yield is 10% lower. Historically PKG's dividend yield has averaged at 2.9% in the last 5 years, which is above the current yield.
Packaging Corp Of America has a history of paying dividends since 2003. Our records of PKG show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. However since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 15%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 15, 2026 | $1.5 | 2.28% |
| Mar 13, 2026 | $1.25 | 2.33% |
| Dec 15, 2025 | $1.25 | 2.45% |
| Sep 15, 2025 | $1.25 | 2.36% |
| Jun 13, 2025 | $1.25 | 2.65% |
| Mar 14, 2025 | $1.25 | 2.54% |
| Dec 20, 2024 | $1.25 | 2.19% |
| Sep 16, 2024 | $1.25 | 2.33% |
| Jun 14, 2024 | $1.25 | 2.74% |
| Mar 14, 2024 | $1.25 | 2.73% |
| Dec 15, 2023 | $1.25 | 3.03% |
| Sep 22, 2023 | $1.25 | 3.35% |
| Jun 14, 2023 | $1.25 | 3.81% |
| Mar 14, 2023 | $1.25 | 3.81% |
| Dec 16, 2022 | $1.25 | 3.64% |
| Sep 30, 2022 | $1.25 | 4.01% |
| Jun 14, 2022 | $1.25 | 2.89% |
| Mar 14, 2022 | $1 | 2.65% |
| Dec 17, 2021 | $1 | 3.08% |
| Sep 14, 2021 | $1 | 2.7% |
| Jun 14, 2021 | $1 | 2.73% |
| Mar 12, 2021 | $1 | 2.61% |
| Dec 18, 2020 | $1 | 2.5% |
| Sep 14, 2020 | $0.79 | 2.98% |
| Jun 12, 2020 | $0.79 | 3.19% |
| Mar 12, 2020 | $0.79 | 4.08% |
| Dec 19, 2019 | $0.79 | 2.83% |
| Sep 12, 2019 | $0.79 | 2.95% |
| Jun 13, 2019 | $0.79 | 3.28% |
| Mar 14, 2019 | $0.79 | 3.2% |
| Dec 14, 2018 | $0.79 | 3.21% |
| Sep 13, 2018 | $0.79 | 2.5% |
| Jun 14, 2018 | $0.79 | 2.22% |
| Mar 14, 2018 | $0.63 | 2.13% |
| Dec 22, 2017 | $0.63 | 2.1% |
| Sep 14, 2017 | $0.63 | 2.18% |
| Jun 13, 2017 | $0.63 | 2.38% |
| Mar 13, 2017 | $0.63 | 2.65% |
| Dec 21, 2016 | $0.63 | 2.73% |
| Sep 13, 2016 | $0.63 | 2.88% |
| Jun 13, 2016 | $0.55 | 3.33% |
| Mar 11, 2016 | $0.55 | 3.97% |
| Dec 23, 2015 | $0.55 | 3.45% |
| Sep 11, 2015 | $0.55 | 3.13% |
| Jun 11, 2015 | $0.55 | 2.79% |
| Mar 11, 2015 | $0.55 | 2.26% |
PKG has a payout ratio of 63.6% which is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 43.8%, Packaging Corp Of America's payout ratio is 45% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| IP International Paper Co | 5.06% | $1.85 | N/A |
| GPK Graphic Packaging Holding Co | 4.3% | $0.44 | 47.3% |
| PKG Packaging Corp Of America | 2.25% | $5.25 | 63.6% |
| MAGN Magnera Corp. | N/A | N/A | N/A |
Yes, Packaging Corp Of America has paid four dividends in the last 12 months. PKG has been paying dividends since 2003.
Packaging Corp Of America's last dividend ex-date was on Jun 15, 2026. The dividend amount was $1.5 per share.
On an annual basis PKG pays $5.25 per share.
The current dividend yield of Packaging Corp Of America is 2.25%.
Packaging Corp Of America pays dividends quarterly.
Packaging Corp Of America's dividend payout ratio is 63.6%.
Packaging Corp Of America's dividend yield is below the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield.