Packaging Corporation of America (PKG) Dividend History & Yield
Packaging Corporation of America (PKG) has increased its dividend for multiple years and currently yields 2.45%. The most recent payment was $1.2500/share on Mar 13, 2026, paid Quarterly.
Current Yield
2.45%
TTM Dividend/Share
$5.00
Payment Frequency
Quarterly
Payout Ratio
58.5%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
0.00%
Div Growth (5Y CAGR)
8.21%
Div Growth (10Y CAGR)
8.56%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 58.5%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($8.09) covers dividend/share ($5.00).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 13, 2026
- Payment date
- Apr 15, 2026
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.33%
Ex-date Dec 15, 2025
- Payment date
- Jan 14, 2026
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.45%
Ex-date Sep 15, 2025
- Payment date
- Oct 15, 2025
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.36%
Ex-date Jun 13, 2025
- Payment date
- Jul 15, 2025
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.65%
Ex-date Mar 14, 2025
- Payment date
- Apr 15, 2025
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.54%
Ex-date Dec 20, 2024
- Payment date
- Jan 15, 2025
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.19%
Ex-date Sep 16, 2024
- Payment date
- Oct 15, 2024
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.33%
Ex-date Jun 14, 2024
- Payment date
- Jul 15, 2024
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.74%
Ex-date Mar 14, 2024
- Payment date
- Apr 15, 2024
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 2.73%
Ex-date Dec 15, 2023
- Payment date
- Jan 15, 2024
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 3.03%
Ex-date Sep 22, 2023
- Payment date
- Oct 13, 2023
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 3.35%
Ex-date Jun 14, 2023
- Payment date
- Jul 14, 2023
- Dividend
- $1.2500
- Adj. dividend
- $1.2500
- Yield (ex-date)
- 3.81%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 13, 2026 | Apr 15, 2026 | $1.2500 | $1.2500 | 2.33% |
| Dec 15, 2025 | Jan 14, 2026 | $1.2500 | $1.2500 | 2.45% |
| Sep 15, 2025 | Oct 15, 2025 | $1.2500 | $1.2500 | 2.36% |
| Jun 13, 2025 | Jul 15, 2025 | $1.2500 | $1.2500 | 2.65% |
| Mar 14, 2025 | Apr 15, 2025 | $1.2500 | $1.2500 | 2.54% |
| Dec 20, 2024 | Jan 15, 2025 | $1.2500 | $1.2500 | 2.19% |
| Sep 16, 2024 | Oct 15, 2024 | $1.2500 | $1.2500 | 2.33% |
| Jun 14, 2024 | Jul 15, 2024 | $1.2500 | $1.2500 | 2.74% |
| Mar 14, 2024 | Apr 15, 2024 | $1.2500 | $1.2500 | 2.73% |
| Dec 15, 2023 | Jan 15, 2024 | $1.2500 | $1.2500 | 3.03% |
| Sep 22, 2023 | Oct 13, 2023 | $1.2500 | $1.2500 | 3.35% |
| Jun 14, 2023 | Jul 14, 2023 | $1.2500 | $1.2500 | 3.81% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 16 year-over-year increases across 22 calendar years of data (2004–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $5.0000 | — | — |
| 2025 | $5.0000 | $5.0000 | 0.0% |
| 2024 | $5.0000 | $5.0000 | 0.0% |
| 2023 | $4.7500 | $5.0000 | +5.3% |
| 2022 | $4.0000 | $4.7500 | +18.8% |
| 2021 | $3.3700 | $4.0000 | +18.7% |
| 2020 | $3.1600 | $3.3700 | +6.6% |
| 2019 | $3.0000 | $3.1600 | +5.3% |
| 2018 | $2.5200 | $3.0000 | +19.0% |
| 2017 | $2.3600 | $2.5200 | +6.8% |
| 2016 | $2.2000 | $2.3600 | +7.3% |
| 2015 | $1.6000 | $2.2000 | +37.5% |
| 2014 | $1.5125 | $1.6000 | +5.8% |
| 2013 | $1.0000 | $1.5125 | +51.3% |
| 2012 | $0.8000 | $1.0000 | +25.0% |
| 2011 | $0.6000 | $0.8000 | +33.3% |
| 2010 | $0.6000 | $0.6000 | 0.0% |
| 2009 | $1.2000 | $0.6000 | -50.0% |
| 2008 | $1.0500 | $1.2000 | +14.3% |
| 2007 | $1.0000 | $1.0500 | +5.0% |
| 2006 | $1.0000 | $1.0000 | 0.0% |
| 2005 | $0.6000 | $1.0000 | +66.7% |
| 2004 | — | $0.6000 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Packaging Corporation of America pay dividends?
- Yes, Packaging Corporation of America (PKG) pays quarterly dividends of approximately $5.00 per share annually, yielding 2.45%.
What is Packaging Corporation of America's dividend yield?
- Packaging Corporation of America (PKG) has a current dividend yield of 2.45%.
Is Packaging Corporation of America's dividend safe?
- Packaging Corporation of America (PKG) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Packaging Corporation of America increased its dividend?
- Packaging Corporation of America (PKG) has 0 consecutive years of dividend increases.
What is Packaging Corporation of America's dividend payout ratio?
- Packaging Corporation of America (PKG) has a dividend payout ratio of 58.5%.