Packaging of America (Packaging of America) Dividend Payout Ratio : 0.59 (As of Dec. 2023)

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What is Packaging of America Dividend Payout Ratio?

Packaging of America's dividend payout ratio for the months ended in Dec. 2023 was 0.59.

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: 0.58

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
74.32% of 222 companies
in the Packaging & Containers industry
Industry Median: 0.37 vs PKG: 0.58

As of today (2024-04-25), the Dividend Yield % of Packaging of America is 2.88%.

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 2.74%.

Packaging of America's Dividends per Share for the months ended in Dec. 2023 was $1.25.

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.

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.

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

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0.41

0.58

0.43

0.58

Packaging of America Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.53	0.57	0.54	0.61	0.59

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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 Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.25	/	2.13
	=	0.59

Packaging of America (NYSE:PKG) Dividend Payout Ratio Explanation

In dividends investing, 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 (Packaging of America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Packaging Corp of America (NYSE:PKG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PKA:Germany PKA:Germany

Address

1 North Field Court, Lake Forest, IL, USA, 60045

Website

https://www.packagingcorp.com

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.

Executives

Paul T Stecko	director, officer: Chairman/Chief Exec. Officer
Kent A. Pflederer	officer: VP, Gen. Counsel & Sec.	PACKAGING CORPORATION OF AMERICA, 1955 W. FIELD CT., LAKE FOREST IL 60645
Donald R. Shirley	officer: SVP	1 N. FIELD COURT, LAKE FOREST IL 60045
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
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
Robert P. Mundy	officer: SVP	6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
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
Samuel M Mencoff	director, 10 percent owner	BUCKEYE TECHNOLOGIES INC, 1001 TILLMAN STREET, MEMPHIS TN 38112