Packaging Corporation dividend yield – Packaging Corp of America Declares 1.25 Cash Dividend
March 21, 2023
Dividends Yield
Packaging ($NYSE:PKG) Corp of America has just declared a 1.25 cash dividend on March 1, 2023, making it a great option for those looking to invest in stocks with dividends. It has been issuing annual dividends of 4.75 USD per share for the past three years, yielding an average of 3.45%. The ex-dividend date for the 2023 dividend payment is March 14. With a return rate of 3.45%, investors will see consistent dividends over time and can expect to reap rewards from this stock over the long-term.
With a consistent dividend return rate of 3.45%, investors have the potential to reap rewards over time, while also taking advantage of tax deductions. With the 1.25 cash dividend and the ex-dividend date right before tax season, this is an investment opportunity worth considering.
Stock Price
On the same day, the company’s stock opened at $136.4 and closed at $138.7, up by 1.4% from last closing price of 136.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Packaging Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 8.48k | 1.02k | 12.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Packaging Corporation. More…
| Operations | Investing | Financing |
| 1.5k | -833.7 | -960 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Packaging Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8k | 4.34k | 40.88 |
Key Ratios Snapshot
Some of the financial key ratios for Packaging Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.8% | 10.9% | 16.9% |
| FCF Margin | ROE | ROA |
| 7.9% | 23.5% | 11.2% |
Analysis
GoodWhale has performed an in-depth analysis of PACKAGING CORPORATION‘s financials. Our Star Chart has given it a high health score of 10/10 due to its robust cashflows and low debt. Our analysis indicates that PACKAGING CORPORATION is strong in asset, dividend, growth and profitability. Additionally, it has been classified as a ‘gorilla’ company, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. Given its favorable financials, PACKAGING CORPORATION is likely to be attractive to many types of investors. Those looking for steady income may be drawn to its reliable dividend and solid asset base. Meanwhile, long-term investors may be keen to capitalize on the potential of the company’s growth opportunities and stability. Moreover, those interested in stocks with good returns may be interested in PACKAGING CORPORATION’s high profitability. More…
Peers
Packaging Corp of America is one of the largest packaging companies in the world. Its competitors include Tomypak Holdings Bhd, PT Sriwahana Adityakarta Tbk, and Shanghai Xintonglian Packing Co Ltd.
– Tomypak Holdings Bhd ($KLSE:7285)
Tomypak Holdings Bhd is a Malaysian company that is involved in the packaging and manufacturing of food products. The company has a market capitalization of 168.14 million as of 2022 and a return on equity of -0.75%. The company’s products are sold in Malaysia, Singapore, Indonesia, and the Philippines.
– PT Sriwahana Adityakarta Tbk ($IDX:SWAT)
Sriwahana Adityakarta Tbk is an Indonesian holding company with interests in a range of businesses, including banking, finance, property development, and mining. The company has a market capitalization of $172.09 billion as of 2022 and a return on equity of 9.34%. Sriwahana Adityakarta Tbk is a publicly traded company listed on the Indonesia Stock Exchange.
– Shanghai Xintonglian Packing Co Ltd ($SHSE:603022)
Shanghai Xintonglian Packing Co Ltd is a company that manufactures and sells packaging products. The company has a market cap of 2.02B as of 2022 and a return on equity of 3.94%. The company’s products include plastic bags, paper bags, and other packaging products. The company’s products are used in a variety of industries, including food, beverage, and pharmaceutical.
Summary
Packaging Corporation of America (PCA) is a popular stock among dividend investors. Over the past three years, PCA has provided a consistent dividend of 4.75 USD per share, giving it an attractive dividend yield of 3.45%. Analyzing PCA’s financials and fundamentals, the company has a strong balance sheet and solid operating performance, with consistent earnings and cash flow growth over the past five years. Overall, PCA is a reliable dividend stock offering great yield to investors, and its fundamental and technical indicators make it an attractive buy for long-term investors.
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