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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) declares a regular quarterly dividend of $1.25 per share on its common stock, showcasing stability and investor-friendly policies. The company, known for its containerboard and paper products, operates multiple facilities across North America.
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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 March 15, 2024 with a payment date of April 15, 2024. 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.
Barbara Sessions
Packaging Corporation of America
INVESTOR RELATIONS: (877) 454-2509
PCA Web Site: www.packagingcorp.com
Source: Packaging Corporation of America
FAQ
What is the ticker symbol for Packaging Corporation of America?
The ticker symbol for Packaging Corporation of America is PKG.
What is the amount of the regular quarterly dividend declared by Packaging Corporation of America?
Packaging Corporation of America declared a regular quarterly dividend of $1.25 per share on its common stock.
When will the quarterly dividend be paid to shareholders?
The quarterly dividend of $1.25 per share will be paid to shareholders of record as of March 15, 2024, with a payment date of April 15, 2024.
How many paper mills does Packaging Corporation of America operate?
Packaging Corporation of America operates eight paper mills and 86 corrugated products plants and related facilities.
What does Packaging Corporation of America specialize in producing?
Packaging Corporation of America is known for being the third largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America.
