Packaging Corporation of America
PKGConsumer Cyclical · Stock · quarterly payer
$224.69
Add to PortfolioForward Yield
2.67%
Annual Dividend
$6.00
Payout Ratio
61%
5-Yr Growth
9.6%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
PKG Dividend Safety Score
77/ 100
Grade B
Safe
Dividend-growth streak16 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage61% of earnings paid out
Free-cash-flow coverage137% of free cash flow
Balance-sheet strengthDebt/equity of 0.95
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PKG a good dividend stock?
YesPackaging Corporation of America (PKG) pays a quarterly dividend yielding 2.67% ($6.00/yr), with 16 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Strong 9.6% 5-yr dividend growth
- 65% total price return over 5 years
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 2.67%
- Payout Ratio
- 61%
- Annual Dividend
- $6.00
- 5-Yr Avg Growth
- 9.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $20.0B
- P/E Ratio
- 27.3
- 5-Yr Total Return
- 65%
- 52-Week Range
- $184.76 – $249.51
- Dividend Safety
- B · 77/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $1.2500 | regular |
| Dec 15, 2025 | — | $1.2500 | regular |
| Sep 15, 2025 | — | $1.2500 | regular |
| Jun 13, 2025 | — | $1.2500 | regular |
| Mar 14, 2025 | — | $1.2500 | regular |
| Dec 20, 2024 | — | $1.2500 | regular |
| Sep 16, 2024 | — | $1.2500 | regular |
| Jun 14, 2024 | — | $1.2500 | regular |
| Mar 14, 2024 | — | $1.2500 | regular |
| Dec 15, 2023 | — | $1.2500 | regular |
| Sep 22, 2023 | — | $1.2500 | regular |
| Jun 14, 2023 | — | $1.2500 | regular |
| Mar 14, 2023 | — | $1.2500 | regular |
| Dec 16, 2022 | — | $1.2500 | regular |
Income Calculator
At $6.00 / yr per share
Per payment (quarterly)$150.00
Annual$600.00
Monthly avg$50.00
