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Packaging Corporation of America Declares Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Packaging Corporation of America (NYSE: PKG) approves regular quarterly dividend of $1.25 per share on its common stock.
Positive
Approval of regular quarterly dividend of $1.25 per share
Negative
None.
LAKE FOREST, Ill.--(BUSINESS WIRE)--
Packaging Corporation of America (NYSE: PKG) announced today that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 25, 2023 with a payment date of October 13, 2023. Future declaration of quarterly dividends and the establishment of future record and payment dates are subject to the final determination by PCA’s Board of Directors.
PCA is the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PCA operates eight paper mills and 86 corrugated products plants and related facilities.
