Trailing Dividend / Share
$5.02
Packaging Corporation of America (PKG) Dividend History
Income profile from 2003 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.2%
Payout Ratio
58.5%
Sustainable
Dividend Streak
0 years
PKG Dividend Income Check
Safety
58.5% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 3.7% and trend is rising.
PKG Dividend Scorecard
Yield & Income
Dividend Yield2.2%
Trailing DPS$5.02
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout58.5%
Earnings SafetySustainable
FCF Payout61.4%
FCF SafetyAdequate
Piotroski F-Score3/9
Growth
Growth Streak0 years
3Y CAGR1.7%
5Y CAGR8.2%
Yield on Cost (5Y)3.7%
YOC Trendrising
Total Returns
Buyback Yield0.7%
Total Shareholder Yield2.9%
1Y Total Return25.8%
5Y Total Return91.0%
Div Contribution (5Y)18.5%
Estimated $10K growth (return + dividends):
5Y ago$19,09810Y ago$39,78620Y ago$132,858
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PKG Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
PKG Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Packaging Corporation of America distributes 58.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 61.4%, rated "Adequate".
Piotroski F-Score: 3/9 — weak financial health.
Growth Track Record
PKG does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 1.7% and 5-year CAGR of 8.2%.
Total Shareholder Returns
Beyond cash dividends, PKG returns capital through share repurchases. The combined picture: 2.2% dividend yield, 0.7% buyback yield, 2.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.7% and is currently rising. The 5-year total return is 91.0%, with dividends contributing 18.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $39,786 today.
PKG Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$24.50
Avg/Payment$1.2250
Latest Change+20.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $1.5000 | ↑ +20.0% | 2.28% | Jul 15, 2026 |
| Mar 13, 2026 | $1.2500 | — | 2.33% | Apr 15, 2026 |
| Dec 15, 2025 | $1.2500 | — | 2.45% | Jan 14, 2026 |
| Sep 15, 2025 | $1.2500 | — | 2.36% | Oct 15, 2025 |
| Jun 13, 2025 | $1.2500 | — | 2.65% | Jul 15, 2025 |
| Mar 14, 2025 | $1.2500 | — | 2.54% | Apr 15, 2025 |
| Dec 20, 2024 | $1.2500 | — | 2.19% | Jan 15, 2025 |
| Sep 16, 2024 | $1.2500 | — | 2.33% | Oct 15, 2024 |
PKG Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
2.2%
#5 of 8
Safety
Sustainable
58.5% payout
Streak
0Y
8.2% 5Y CAGR
Total Shareholder
2.9%
#7 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| PKGPackaging Corporatio… | $20.4B | 2.2% | 58.5% | 0 | Sustainable |
1st  IPInternational Paper … | $19.5B | 5.0% | — | 0 | Unknown |
3rd  GPKGraphic Packaging Ho… | $3.2B | 4.0% | 28.8% | 1 | Sustainable |
2nd  SONSonoco Products Comp… | $5.0B | 4.1% | 52.5% | 36 | Sustainable |
 SEESealed Air Corporati… | $6.2B | 1.9% | 23.6% | 0 | Sustainable |
 SLGNSilgan Holdings Inc. | $4.4B | 1.9% | 29.8% | 22 | Sustainable |
 ATRAptarGroup, Inc. | $7.7B | 1.5% | 30.8% | 33 | Sustainable |
 WYWeyerhaeuser Company | $17.5B | 3.5% | 1.9% | 5 | Sustainable |
PKG Annual Dividend History (1998–2026)
29 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.75 | — | 2 | — | — | — | 2.0% |
| 2025 | $5.00 | 0.0% | 4 | $8.58 | 58.3% | 1.72x | 3.7% |
| 2024 | $5.00 | 0.0% | 4 | $8.93 | 56.0% | 1.79x | 3.7% |
| 2023 | $5.00 | 5.3% | 4 | $8.48 | 59.0% | 1.70x | 3.7% |
| 2022 | $4.75 | 18.8% | 4 | $11.02 | 43.1% | 2.32x | 3.5% |
| 2021 | $4.00 | 18.7% | 4 | $8.83 | 45.3% | 2.21x | 2.9% |
| 2020 | $3.37 | 6.6% | 4 | $4.85 | 69.5% | 1.44x | 2.5% |
| 2019 | $3.16 | 5.3% | 4 | $7.35 | 43.0% | 2.33x | 2.3% |
| 2018 | $3.00 | 19.0% | 4 | $7.86 | 38.2% | 2.62x | 2.2% |
| 2017 | $2.52 | 6.8% | 4 | $7.07 | 35.6% | 2.81x | 1.9% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into PKG consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
23+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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PKG — Frequently Asked Questions
Quick answers to the most common questions about buying PKG stock.
How much dividend does PKG pay per share?
Packaging Corporation of America (PKG) pays a trailing 12-month dividend of $5.02 per share, with a current dividend yield of +2.2%. Payments are made Semi-Annual.
When is PKG's next ex-dividend date?
PKG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PKG typically pays dividends Semi-Annual.
Is PKG's dividend safe?
PKG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +58.5% and FCF payout ratio of +61.4%. The dividend history does not yet show a prolonged growth streak.
How many years has PKG increased its dividend?
PKG has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +8.2%.
How often does PKG pay dividends?
Packaging Corporation of America pays dividends Semi-Annual. The trailing 12-month total is $5.02 per share. Dividend data on this page covers 23+ years from 2003 to 2026.
How much would $10,000 invested in PKG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PKG five years ago would be worth approximately $19,098 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PKG's yield on cost for long-term holders?
PKG's yield on cost — the current dividend divided by the original purchase price — is +3.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.2% market yield, thanks to consistent dividend growth.