- Packaging Corp Of America PKG has increased the annual payout of the cash dividend on its common stock by 25% to $5.00 from $4.00 per share.
- The first quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 15, 2022, with a payment date of July 15, 2022.
- The company held $778.4 million in cash and equivalents as of March 31, 2022.
- Price Action: PKG shares closed lower by 4.67% at $151.32 on Wednesday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
