Credit: Shutterstock photoPackaging Corporation of America ( PKG ) will begin trading ex-dividend on December 23, 2015. A cash dividend payment of $0.55 per share is scheduled to be paid on January 15, 2016. Shareholders who purchased PKG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that PKG has paid the same dividend. At the current stock price of $60.92, the dividend yield is 3.61%.
The previous trading day's last sale of PKG was $60.92, representing a -28.23% decrease from the 52 week high of $84.88 and a 4.51% increase over the 52 week low of $58.29.
PKG is a part of the Consumer Durables sector, which includes companies such as Kimberly-Clark Corporation ( KMB ) and Westrock Company ( WRK ). PKG's current earnings per share, an indicator of a company's profitability, is $4.39. Zacks Investment Research reports PKG's forecasted earnings growth in 2015 as -3.79%, compared to an industry average of 10.7%.
For more information on the declaration, record and payment dates, visit the PKG Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to PKG through an Exchange Traded Fund [ETF]?
The following ETF(s) have PKG as a top-10 holding:
- Direxion Value Line Mid- and Large-Cap High Dividend ETF ( VLML ).
The top-performing ETF of this group is VLML with an decrease of 0% over the last 100 days.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.