Packaging 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%.
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.