Packaging Corporation of America (PKG) Dividends

Packaging Corporation of America (PKG): $142.25

1.44 (+1.02%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • PKG's free cash flow has increased for the 5th quarter in a row.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PKG that may be suitable potential portfolio mates: APO, WPC, O, PZZA and EA.
PKG Ex-Dividend Date
PKG Dividend Yield
2.84%
PKG Annual Dividend
$4.00
PKG Payout Ratio

PKG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$142.25$120.86 -8.4%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Packaging Corp Of America, the DDM model, as implemented by StockNews, implies a negative return of 8.4% relative to its current price. Digging deeper, the aspects of Packaging Corp Of America's dividend discount model that we found most interesting were:

  • In comparison to other US listed dividend yielding stocks in the Consumer Cyclical sector, Packaging Corp Of America's expected return of -8.4% is higher than 83.44% of its fellow sector mates.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Packaging Corp Of America bears a discount rate, according to our calculations, lower than 83.44% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for PKG, approximately 70.87% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

PKG Dividend Chart


PKG Dividend History

Ex-Dividend Date Type Payout Amount Change
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