← Back to declarations

PKG Packaging Corporation of America — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Consumer Cyclical / Packaging & Containers

$254.53 ▲ $6.09(2.45%) as of Oct 30, 2026 06:20 UTC
Sponsored Advanced charts & data →

Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.

Dividend Snapshot

StatusGrowing
Last Dividend$1.5000Paid Oct 15, 2026
Forward Annual$6.00From the $1.5000 dividend declared Sep 02, 2026
FrequencyQuarterly
Last Ex-DateSep 15, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth0.0%Annual totals, 2024–2025
10-Yr Growth8.6%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

84/100

Very strong indicators

Complete data

Dividend Growth Score

53/100

Moderate growth record

Complete data

Dividend Value Score

14/100

Well above own historical valuation

Complete data

DividendRank

54/100

Middle of the scale

Complete data

How the Dividend Safety Score is built for PKG
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 65% (TTM to Jun 30, 2026) 72 20%
FCF payout ratioFCF payout ratio 60% (TTM to Jun 30, 2026) 87 25%
Net debt / EBITDANet debt / EBITDA 2.1x (TTM to Jun 30, 2026) 82 15%
Interest coverageInterest coverage 8.7x (TTM to Jun 30, 2026) 86 10%
Dividend record22 years of uninterrupted regular payments 86 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for PKG
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 8.2% (2020–2025) 91 25%
Consecutive annual increases0 consecutive annual increases (through 2025) 10 20%
Payout headroomHeadroom from the earnings payout ratio 65% (TTM to Jun 30, 2026) 61 20%
Earnings per share growth (3 years)EPS CAGR -8.0% (FY2022–FY2025) 6 15%
Revenue growth (3 years)Revenue CAGR 2.0% (FY2022–FY2025) 57 10%
10-year dividend growth10-year dividend CAGR 8.6% (2015–2025) 93 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for PKG
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 12th percentile of its 120 month-end yields 12 40%
P/E vs own 5-year medianP/E 32.1 is 1.67x its 5-year median of 19.2 0 25%
FCF yieldFCF yield 3.3% (TTM to Jun 30, 2026) 44 20%
P/E vs peersP/E 32.1 vs peer median 17.1 (1.88x; 97 corporation / Consumer Cyclical securities) 0 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

2.36%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$6.0000

Declared Sep 02, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

68

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$191.68 – $257.43

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

61.69%

12 months to Sep 30, 2026 (Q3 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

22

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

4.71

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Meets the Solid check: Dividend Safety Score 84/100 and yield 2.36%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
22 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume712,743Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$247.23Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$244.97 – $249.58Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$248.92Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$22.68BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out89.10MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$8.1912 months to Sep 30, 2026 (Q3 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)30.3Price as of Oct 25, 2026; earnings to Sep 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 15, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)1.7%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)8.2%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases0 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose16Since Dec 2003
Rank among payers678of 2,430 with a record
Years it fell over 20%1in 21 comparable years
Of peers with 10 to 24 up years75%also cut at some point

PKG has raised its annual dividend in 16 separate years since December 2003, which ranks 678 among the 2,430 payers with a comparable record in our dataset. In 1 year the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

PKG's dividend yield fell from 2.39% to 2.36% over the past ~90 days (-0.03 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.03 pp from the share price ($251.09 on Aug 03, 2026 → $254.53 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current2.36%
1-Yr Average2.45%
Low / High2.03% – 2.95%
Percentile31%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), PKG's current yield is higher than approximately 31% of them. Our stored price history for PKG covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$1.5000 Q Regular Sep 02, 2026 Sep 15, 2026 Sep 15, 2026 Oct 15, 2026
$1.5000 Q Regular May 12, 2026 Jun 15, 2026 Jun 15, 2026 Jul 15, 2026
$1.2500 Q Regular Feb 25, 2026 Mar 13, 2026 Mar 13, 2026 Apr 15, 2026
$1.2500 Q Regular Dec 03, 2025 Dec 15, 2025 Dec 15, 2025 Jan 14, 2026
$1.2500 Q Regular Aug 20, 2025 Sep 15, 2025 Sep 15, 2025 Oct 15, 2025
$1.2500 Q Regular May 07, 2025 Jun 13, 2025 Jun 13, 2025 Jul 15, 2025
$1.2500 Q Regular Feb 26, 2025 Mar 14, 2025 Mar 14, 2025 Apr 15, 2025
$1.2500 Q Regular Dec 10, 2024 Dec 20, 2024 Dec 20, 2024 Jan 15, 2025
$1.2500 Q Regular Aug 27, 2024 Sep 16, 2024 Sep 16, 2024 Oct 15, 2024
$1.2500 Q Regular May 08, 2024 Jun 14, 2024 Jun 14, 2024 Jul 15, 2024
$1.2500 Q Regular Feb 28, 2024 Mar 14, 2024 Mar 15, 2024 Apr 15, 2024
$1.2500 Q Regular Dec 07, 2023 Dec 15, 2023 Dec 18, 2023 Jan 15, 2024
$1.2500 Q Regular Sep 13, 2023 Sep 22, 2023 Sep 25, 2023 Oct 13, 2023
$1.2500 Q Regular May 02, 2023 Jun 14, 2023 Jun 15, 2023 Jul 14, 2023
$1.2500 Q Regular Feb 23, 2023 Mar 14, 2023 Mar 15, 2023 Apr 14, 2023
$1.2500 Q Regular Dec 08, 2022 Dec 16, 2022 Dec 19, 2022 Jan 13, 2023
$1.2500 Q Regular Sep 21, 2022 Sep 30, 2022 Oct 03, 2022 Oct 17, 2022
$1.2500 Q Regular May 18, 2022 Jun 14, 2022 Jun 15, 2022 Jul 15, 2022
$1.0000 Q Regular Feb 24, 2022 Mar 14, 2022 Mar 15, 2022 Apr 15, 2022
$1.0000 Q Regular Dec 10, 2021 Dec 17, 2021 Dec 20, 2021 Jan 14, 2022
$1.0000 Q Regular Aug 26, 2021 Sep 14, 2021 Sep 15, 2021 Oct 15, 2021
$1.0000 Q Regular May 05, 2021 Jun 14, 2021 Jun 15, 2021 Jul 15, 2021
$1.0000 Q Regular Feb 24, 2021 Mar 12, 2021 Mar 15, 2021 Apr 15, 2021
$1.0000 Q Regular Dec 10, 2020 Dec 18, 2020 Dec 21, 2020 Jan 15, 2021
$0.7900 Q Regular Aug 25, 2020 Sep 14, 2020 Sep 15, 2020 Oct 15, 2020
$0.7900 Q Regular May 05, 2020 Jun 12, 2020 Jun 15, 2020 Jul 15, 2020
$0.7900 Q Regular Feb 25, 2020 Mar 12, 2020 Mar 13, 2020 Apr 15, 2020
$0.7900 Q Regular Dec 10, 2019 Dec 19, 2019 Dec 20, 2019 Jan 15, 2020
$0.7900 Q Regular Aug 21, 2019 Sep 12, 2019 Sep 13, 2019 Oct 15, 2019
$0.7900 Q Regular May 10, 2019 Jun 13, 2019 Jun 14, 2019 Jul 15, 2019
$0.7900 Q Regular Feb 28, 2019 Mar 14, 2019 Mar 15, 2019 Apr 15, 2019
$0.7900 Q Regular Dec 05, 2018 Dec 14, 2018 Dec 17, 2018 Jan 15, 2019
$0.7900 Q Regular Aug 30, 2018 Sep 13, 2018 Sep 14, 2018 Oct 15, 2018
$0.7900 Q Regular May 15, 2018 Jun 14, 2018 Jun 15, 2018 Jul 13, 2018
$0.6300 Q Regular Feb 27, 2018 Mar 14, 2018 Mar 15, 2018 Apr 13, 2018
$0.6300 Q Regular Dec 14, 2017 Dec 22, 2017 Dec 26, 2017 Jan 12, 2018
$0.6300 Q Regular Aug 22, 2017 Sep 14, 2017 Sep 15, 2017 Oct 13, 2017
$0.6300 Q Regular May 19, 2017 Jun 13, 2017 Jun 15, 2017 Jul 14, 2017
$0.6300 Q Regular Mar 06, 2017 Mar 13, 2017 Mar 15, 2017 Apr 14, 2017
$0.6300 Q Regular Dec 14, 2016 Dec 21, 2016 Dec 23, 2016 Jan 13, 2017
$0.6300 Q Regular Sep 01, 2016 Sep 13, 2016 Sep 15, 2016 Oct 14, 2016
$0.5500 Q Regular May 20, 2016 Jun 13, 2016 Jun 15, 2016 Jul 15, 2016
$0.5500 Q Regular Feb 26, 2016 Mar 11, 2016 Mar 15, 2016 Apr 15, 2016
$0.5500 Q Regular Dec 16, 2015 Dec 23, 2015 Dec 28, 2015 Jan 15, 2016
$0.5500 Q Regular Sep 01, 2015 Sep 11, 2015 Sep 15, 2015 Oct 15, 2015
$0.5500 Q Regular May 21, 2015 Jun 11, 2015 Jun 15, 2015 Jul 15, 2015
$0.5500 Q Regular Mar 02, 2015 Mar 11, 2015 Mar 13, 2015 Apr 15, 2015
$0.4000 Q Regular Dec 10, 2014 Dec 17, 2014 Dec 19, 2014 Jan 15, 2015
$0.4000 Q Regular Aug 29, 2014 Sep 11, 2014 Sep 15, 2014 Oct 15, 2014
$0.4000 Q Regular May 15, 2014 Jun 11, 2014 Jun 13, 2014 Jul 15, 2014
$0.4000 Q Regular Feb 28, 2014 Mar 12, 2014 Mar 14, 2014 Apr 15, 2014
$0.4000 Q Regular Dec 12, 2013 Dec 19, 2013 Dec 23, 2013 Jan 15, 2014
$0.4000 Q Regular Aug 28, 2013 Sep 11, 2013 Sep 13, 2013 Oct 15, 2013
$0.4000 Q Regular May 16, 2013 Jun 12, 2013 Jun 14, 2013 Jul 15, 2013
$0.3125 Q Regular Jan 16, 2013 Mar 13, 2013 Mar 15, 2013 Apr 15, 2013
$0.2500 Q Regular Dec 07, 2012 Dec 13, 2012 Dec 17, 2012 Dec 28, 2012
$0.2500 Q Regular Sep 06, 2012 Sep 13, 2012 Sep 17, 2012 Oct 15, 2012
$0.2500 Q Regular May 14, 2012 Jun 13, 2012 Jun 15, 2012 Jul 13, 2012
$0.2500 Q Regular Feb 23, 2012 Mar 13, 2012 Mar 15, 2012 Apr 13, 2012
$0.2000 Q Regular Dec 12, 2011 Dec 15, 2011 Dec 19, 2011 Jan 13, 2012
$0.2000 Q Regular Sep 02, 2011 Sep 13, 2011 Sep 15, 2011 Oct 14, 2011
$0.2000 Q Regular May 13, 2011 Jun 13, 2011 Jun 15, 2011 Jul 15, 2011
$0.2000 Q Regular Feb 24, 2011 Mar 11, 2011 Mar 15, 2011 Apr 15, 2011
$0.1500 Q Regular Dec 08, 2010 Dec 13, 2010 Dec 15, 2010 Jan 14, 2011
$0.1500 Q Regular Sep 02, 2010 Sep 13, 2010 Sep 15, 2010 Oct 15, 2010
$0.1500 Q Regular May 17, 2010 Jun 11, 2010 Jun 15, 2010 Jul 15, 2010
$0.1500 Q Regular Mar 01, 2010 Mar 11, 2010 Mar 15, 2010 Apr 15, 2010
$0.1500 Q Regular Dec 09, 2009 Dec 11, 2009 Dec 15, 2009 Jan 15, 2010
$0.1500 Q Regular Sep 08, 2009 Sep 11, 2009 Sep 15, 2009 Oct 15, 2009
$0.1500 Q Regular May 29, 2009 Jun 11, 2009 Jun 15, 2009 Jul 15, 2009
$0.1500 Q Regular Feb 26, 2009 Mar 11, 2009 Mar 13, 2009 Apr 15, 2009
$0.3000 Q Regular Dec 04, 2008 Dec 11, 2008 Dec 15, 2008 Jan 15, 2009
$0.3000 Q Regular Sep 09, 2008 Sep 11, 2008 Sep 15, 2008 Oct 15, 2008
$0.3000 Q Regular May 16, 2008 Jun 11, 2008 Jun 13, 2008 Jul 15, 2008
$0.3000 Q Regular Feb 20, 2008 Mar 12, 2008 Mar 14, 2008 Apr 15, 2008
$0.3000 Q Regular Oct 17, 2007 Dec 12, 2007 Dec 14, 2007 Jan 15, 2008
$0.2500 Q Regular Sep 11, 2007 Sep 12, 2007 Sep 14, 2007 Oct 15, 2007
$0.2500 Q Regular Jun 04, 2007 Jun 13, 2007 Jun 15, 2007 Jul 13, 2007
$0.2500 Q Regular Mar 05, 2007 Mar 13, 2007 Mar 15, 2007 Apr 13, 2007
$0.2500 Q Regular Dec 07, 2006 Dec 13, 2006 Dec 15, 2006 Jan 12, 2007
$0.2500 Q Regular Aug 25, 2006 Sep 13, 2006 Sep 15, 2006 Oct 13, 2006
$0.2500 Q Regular May 16, 2006 Jun 13, 2006 Jun 15, 2006 Jul 14, 2006
$0.2500 Q Regular Feb 13, 2006 Mar 13, 2006 Mar 15, 2006 Apr 14, 2006
$0.2500 Q Regular Dec 09, 2005 Dec 13, 2005 Dec 15, 2005 Jan 13, 2006
$0.2500 Q Regular Aug 25, 2005 Sep 13, 2005 Sep 15, 2005 Oct 14, 2005
$0.2500 Q Regular May 06, 2005 Jun 13, 2005 Jun 15, 2005 Jul 15, 2005
$0.2500 Q Regular Jan 19, 2005 Mar 11, 2005 Mar 15, 2005 Apr 15, 2005
$0.1500 Q Regular Dec 08, 2004 Dec 13, 2004 Dec 15, 2004 Jan 18, 2005
$0.1500 Q Regular Sep 01, 2004 Sep 13, 2004 Sep 15, 2004 Oct 15, 2004
$0.1500 Q Regular May 14, 2004 Jun 14, 2004 Jun 15, 2004 Jul 15, 2004
$0.1500 Q Regular Mar 05, 2004 Mar 11, 2004 Mar 15, 2004 Apr 15, 2004
$0.1500 Q Regular Oct 13, 2003 Dec 11, 2003 Dec 15, 2003 Jan 15, 2004

Peer Comparison

Selected Packaging & Containers dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
WIPKF Winpak Ltd. 0.44% 9.8% 2 yrs 85
AVY Avery Dennison Corporation 2.20% 9.4% 15 yrs 84
WPK.TO Winpak Ltd. 0.45% 10.8% 2 yrs 77
VDRFF Vidrala, S.A. 0.55% 10.6% 3 yrs 76

PKG dividend — frequently asked questions

Does Packaging Corporation of America pay a dividend?

Yes. Packaging Corporation of America (PKG) currently pays a dividend. The annualized dividend is about $6.00 per share, a yield of approximately 2.36%.

What is Packaging Corporation of America's dividend yield?

Packaging Corporation of America's dividend yield is approximately 2.36%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Packaging Corporation of America pay dividends?

Packaging Corporation of America pays dividends quarterly — 4 times per year.

How long has Packaging Corporation of America paid dividends?

Packaging Corporation of America has 22 years of dividend payments on record.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.