Packaging Corporation of America Declares Quarterly Dividend of $1.25 (NYSE:PKG)

Packaging Corporation of America (NYSE:PKG) declared a quarterly dividend on Wednesday, August 20th, RTT News reports. Shareholders of record on Monday, September 15th will be paid a dividend of 1.25 per share by the industrial products company on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 2.5%.

Packaging Corporation of America has a payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Packaging Corporation of America to earn $11.41 per share next year, which means the company should continue to be able to cover its $5.00 annual dividend with an expected future payout ratio of 43.8%.

Packaging Corporation of America Stock Down 0.1%

Shares of PKG opened at $198.0920 on Thursday. The stock has a market cap of $17.82 billion, a price-to-earnings ratio of 19.77, a P/E/G ratio of 2.33 and a beta of 0.85. The company has a quick ratio of 2.32, a current ratio of 3.54 and a debt-to-equity ratio of 0.54. Packaging Corporation of America has a 12 month low of $172.71 and a 12 month high of $250.82. The company has a 50-day moving average price of $197.01 and a two-hundred day moving average price of $196.22.

Packaging Corporation of America (NYSE:PKG) last announced its quarterly earnings results on Wednesday, July 23rd. The industrial products company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.04. The firm had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Packaging Corporation of America had a net margin of 10.47% and a return on equity of 20.08%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.20 earnings per share. Packaging Corporation of America has set its Q3 2025 guidance at 2.800-2.800 EPS. Equities analysts predict that Packaging Corporation of America will post 10.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Packaging Corporation of America

Several institutional investors and hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. acquired a new position in shares of Packaging Corporation of America in the 2nd quarter valued at $230,000. Hudson Bay Capital Management LP lifted its position in Packaging Corporation of America by 12.5% in the 2nd quarter. Hudson Bay Capital Management LP now owns 45,245 shares of the industrial products company’s stock valued at $8,526,000 after acquiring an additional 5,035 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Packaging Corporation of America in the 2nd quarter valued at $44,000. Rexford Capital Inc. bought a new stake in Packaging Corporation of America in the 2nd quarter valued at $501,000. Finally, FORA Capital LLC lifted its position in Packaging Corporation of America by 23.4% in the 2nd quarter. FORA Capital LLC now owns 14,887 shares of the industrial products company’s stock valued at $2,805,000 after acquiring an additional 2,824 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.

Packaging Corporation of America Company Profile

Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers.