Packaging Corporation of America (PKG) will begin trading ex-dividend on September 14, 2020. A cash dividend payment of $0.79 per share is scheduled to be paid on October 15, 2020. Shareholders who purchased PKG prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that PKG has paid the same dividend. At the current stock price of $103.51, the dividend yield is 3.05%.
The previous trading day's last sale of PKG was $103.51, representing a -9.82% decrease from the 52 week high of $114.78 and a 45.69% increase over the 52 week low of $71.05.
PKG is a part of the Consumer Durables sector, which includes companies such as Kimberly-Clark Corporation (KMB) and Ball Corporation (BLL). PKG's current earnings per share, an indicator of a company's profitability, is $5.4. Zacks Investment Research reports PKG's forecasted earnings growth in 2020 as -30.83%, compared to an industry average of -6.5%.
Interested in gaining exposure to PKG through an Exchange Traded Fund [ETF]?
The following ETF(s) have PKG as a top-10 holding:
- Invesco MSCI Global Timber ETF (CUT).
The top-performing ETF of this group is CUT with an increase of 27.2% over the last 100 days. It also has the highest percent weighting of PKG at 4.89%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.