Does Packaging Corporation of America (PKG) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Packaging Corporation of America (PKG) pays a dividend with an approximate yield of ~$6.00 per share as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.

Does Packaging Corporation of America (PKG) pay a dividend?

Yes. Packaging Corporation of America distributes an approximate ~$6.00 per share yield (early 2026), usually quarterly. PKG trades at a mid-to-high 20s trailing earnings multiple, a premium to some packaging peers that reflects its integration and margin consistency. Q1 2026 net sales rose to about $2.4 billion from $2.1 billion a year earlier on double-digit volume growth, though EPS came in below some estimates as input and maintenance costs weighed on margins. The valuation and dividend framing here are approximate and change with the market.

PKG dividend at a glance

Dividend yield
2.62%
Annual rate / share
$6.00
Payout ratio
60.75%
Ex-dividend date
2026-06-15
Recent payments per share
2026-06-15$1.5
2026-03-13$1.25
2025-12-15$1.25
2025-09-15$1.25
2025-06-13$1.25
2025-03-14$1.25

PKG dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with PKG's investor relations page before relying on it.

How to think about PKG's dividend

  • Yield is a snapshot: ~$6.00 per share today, but it moves with price and payout.
  • Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like PKG.
  • Reinvest or take income: a DRIP compounds; taking the cash gives income now.
  • For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.

The bottom line on the PKG dividend

Packaging Corporation of America (PKG) pays an approximate ~$6.00 per share dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the PKG guide. Walnut can show how PKG fits your real portfolio. It is not an investment adviser.

Build a basket around PKG with Walnut

Use Packaging Corporation of America as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.

FAQ

Does Packaging Corporation of America (PKG) pay a dividend?

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Packaging Corporation of America has an approximate dividend yield of ~$6.00 per share (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or PKG's investor relations page.

What is PKG's dividend yield?

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Approximately ~$6.00 per share as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.

How often does PKG pay its dividend?

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US companies that pay dividends, like Packaging Corporation of America if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on PKG's investor relations page before relying on the timing.

Can I reinvest PKG dividends?

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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any PKG dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.

Is PKG a good dividend stock?

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Walnut is informational, not investment advice. With an approximate ~$6.00 per share yield, PKG is more of a growth or total-return name than a high-yield one. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.

Is PKG a growth stock or a value/dividend stock?

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PKG is generally viewed as a cyclical industrial with a value and dividend character rather than a high-growth stock. Its appeal centers on steady margins, cash generation, and a rising dividend, with earnings that move up and down with the box cycle.

Does PKG pay a dividend?

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Yes. PKG pays a quarterly cash dividend and has been raising it, moving toward an annual payout near $6.00 per share. The dividend is a significant part of the total-return case for the stock, though payouts can change.

Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with PKG's investor relations page or your broker.

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