Packaging Corporation of America ( PKG ) will begin trading ex-dividend on September 11, 2015. A cash dividend payment of $0.55 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased PKG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that PKG has paid the same dividend. At the current stock price of $65.42, the dividend yield is 3.36%.
The previous trading day's last sale of PKG was $65.42, representing a -22.93% decrease from the 52 week high of $84.88 and a 14.65% increase over the 52 week low of $57.06.
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 $4.14. Zacks Investment Research reports PKG's forecasted earnings growth in 2015 as -.21%, compared to an industry average of 12.1%.
Interested in gaining exposure to PKG through an Exchange Traded Fund [ETF]?
The following ETF(s) have PKG as a top-10 holding:
- Guggenheim Timber ETF ( CUT )
- Guggenheim S&P Midcap 400 Pure Growth ETF ( RFG )
- First Trust Mid Cap Growth AlphaDEX ( FNY )
- ETFS Zacks Earnings Small-Cap U.S. Index Fund ( ZSML ).
The top-performing ETF of this group is RFG with an decrease of -2.93% over the last 100 days. CUT has the highest percent weighting of PKG at 4.31%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.