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PKG (Packaging of America) Dividend Payout Ratio : 0.47 (As of Sep. 2024)


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What is Packaging of America Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Packaging of America's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.47.

The historical rank and industry rank for Packaging of America's Dividend Payout Ratio or its related term are showing as below:

PKG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.43   Max: 0.58
Current: 0.57


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.

PKG's Dividend Payout Ratio is ranked worse than
73.39% of 218 companies
in the Packaging & Containers industry
Industry Median: 0.36 vs PKG: 0.57

As of today (2024-12-15), the Dividend Yield % of Packaging of America is 2.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Packaging of America was 4.87%. The lowest was 1.91%. And the median was 2.83%.

Packaging of America's Dividends per Share for the months ended in Sep. 2024 was $1.25.

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.

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.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Packaging of America Dividend Payout Ratio Historical Data

The historical data trend for Packaging of America's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Packaging of America Dividend Payout Ratio Chart

Packaging of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.58 0.43 0.43 0.58

Packaging of America Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.59 0.73 0.57 0.47

Competitive Comparison of Packaging of America's Dividend Payout Ratio

For the Packaging & Containers subindustry, Packaging of America's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Packaging of America's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Packaging of America's Dividend Payout Ratio falls into.



Packaging of America Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Packaging of America's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=5/ 8.7
=0.57

Packaging of America's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=1.25/ 2.65
=0.47

* 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 (NYSE:PKG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Packaging of America Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Packaging of America's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Packaging of America Business Description

Traded in Other Exchanges
Address
1 North Field Court, Lake Forest, IL, USA, 60045
Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4.5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Executives
Paul T Stecko director, officer: Chairman/Chief Exec. Officer
Donald R. Shirley officer: SVP 1 N. FIELD COURT, LAKE FOREST IL 60045
Mark W Kowlzan officer: Senior Vice President C/O PACKING CORP OF AMERICA, 1900 WEST FIELD COURT, LAKE FOREST IL 60045
Robert P. Mundy officer: SVP 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Thomas A Hassfurther officer: Senior VP-Sales & Marketing C/O PACKAGING CORPORATION OF AMERICA, 1900 WEST FIELD COURT, LAKE FOREST IL 60045
Charles J. Carter officer: VP-Containerboard 1900 W. FIELD CT., LAKE FOREST IL 60045
Kent A. Pflederer officer: VP, Gen. Counsel & Sec. PACKAGING CORPORATION OF AMERICA, 1955 W. FIELD CT., LAKE FOREST IL 60645
Bruce A Ridley officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045
Robert Andrew Schneider officer: SVP & CIO 1 N. FIELD CT, LAKE FOREST IL 60045
Donna A. Harman director PACKAGING CORPORATION OF AMERICA, 1 N. FIELD CT., LAKE FOREST IL 60045
Darla J. Olivier officer: SVP 1 N. FIELD CT., LAKE FOREST IL 60045
Walton Thomas W.h. officer: SVP C/O PACKAGING CORPORATION OF AMERICA, 1900 W. FIELD CT., LAKE FOREST IL 60045
Jeffrey S Kaser officer: SVP 1 N FIELD CT, LAKE FOREST IL 60045
Robert C Lyons director 500 WEST MONROE ST, CHICAGO IL 60661
Pamela A. Barnes officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045