Page title
Section title
- Dividend Yield
- 2.38%
- Payout Ratio
- 61.50%
- Dividend Amount Per Share
- $5
- Last Ex-Dividend Date
- Sep 16, 2024
PKG Dividend Safety
PKG paid out 61.50% of its $765M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
PKG's Dividend Payout Ratio of 61.501% is considered safe for the Consumer Cyclical sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
PKG's Interest Coverage Ratio of 42.669 indicates strong financial health with easy coverage of interest expenses.
Income Quality
PKG shows excellent income quality with a ratio of 1.733. This indicates high-quality earnings and low risk of dividend cuts.
PKG Dividend Growth
Packaging Corporation of America(PKG) offers a dividend yield of 2.38% and pays $5 in dividends per share. Explore the historical dividend growth of PKG.
Dividend Stability
PKG has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
PKG's dividend payments have increased by 9.612% annually over the last 5 years.
Earnings Growth
PKG's earnings have shown very poor growth, growing by 1.902% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
PKG Dividend Yield Attractiveness
Packaging Corporation of America(PKG) provides a dividend yield of 2.38%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.09%
2.38%
3.05%
3.31%
Dividend Yield
PKG's dividend yield of 2.38% is considered good compared to the sector average of 3.305%, providing a strong safety margin for investors.
PKG Cash Flow
Over the past 12 months, PKG generated $8B in revenue, produced $659M in free cash flow, and distributed $449M in dividends.
Free Cash Flow Growth
PKG's free cash flow has grown by 0.849% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
PKG Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Packaging Corporation of America. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.