Packaging of America's Dividends per Share for the
three
months ended in Dec. 2023 was $1.25.
The historical rank and industry rank for Packaging of America's 3-Year Dividend Growth Rate or its related term are showing as below:
PKG'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17 Med: 14.35 Max: 88.2
Current: 14.1
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Packaging of America was 88.20% per year. The lowest was -17.00% per year. And the median was 14.35% per year.
PKG's 3-Year Dividend Growth Rate is ranked better than 62.16% of 148
companies
in the Packaging & Containers industry
Industry Median: 7.7
vs PKG: 14.10
During the past 12 months, Packaging of America's average Dividends Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Packaging of America's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.59. As of today, Packaging of America's Dividend Yield % is 2.80%.
Warning Sign:
Packaging Corp of America stock dividend yield is close to 1-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Packaging & Containers subindustry, Packaging of America's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Packaging of America 3-Year Dividend Growth Rate Distribution
For the Packaging & Containers industry and Consumer Cyclical sector, Packaging of America's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Packaging of America's 3-Year Dividend Growth Rate falls into.
Packaging of America 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Packaging of America (NYSE:PKG) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Packaging of America's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Packaging of America was 0.58. The lowest was 0.34. And the median was 0.43.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Packaging of America Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.250
2024-03-14
2024-03-15
2024-04-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-12-15
2023-12-18
2024-01-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-09-22
2023-09-25
2023-10-13
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.250
2023-06-14
2023-06-15
2023-07-14
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Packaging of America's Dividend Yield (%) for Today is calculated as
Current Share Price is $179.89.
Packaging of America's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.
During the past 13 years, the highest Dividend Yield of Packaging of America was 4.87%. The lowest was 1.91%. And the median was 2.74%.
Warning Sign:
Packaging Corp of America stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Packaging of America 3-Year Dividend Growth Rate Related Terms>
Packaging of America (Packaging of America) Business Description
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PKG has been successfully added to your