Dividend Information and Recent Developments at Packaging Corporation Of America: Key Insights Before the Ex-Dividend Date on Jun 13, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Jun 9, 2025 9:48 pm ET1min read
Packaging Corporation of America (PKG) has recently announced a dividend of $1.250 per share, with the ex-dividend date set for Jun 13, 2025, and the dividend payment date scheduled for Jul 15, 2025. This dividend marks a significant increase compared to the average of the last 10 dividends, which stood at $0.554 per share. The dividend was announced on May 7, 2025, and follows the last dividend distribution on Apr 15, 2025, which was also $1.250 per share. Both dividends are categorized as cash dividends.

As of late, has been making headlines for several impactful developments. Recently, analysts have noted that the company’s stock opened at $196.47, reflecting a solid performance with a 50-day moving average of $188.27. This uptick in stock value coincides with the broader positive momentum seen in the market, as the company continues to capitalize on its strong fundamentals. The firm is a key player in the production of containerboard products and uncoated freesheet paper in North America, positioning itself well within the industry.

In another update, a large investment firm recently adjusted its holdings, selling 16,221 shares of Packaging Corporation of America. This move has caught the attention of market analysts, who have been closely monitoring the company's stock performance and investor sentiment. Despite this sale, the company maintains a favorable outlook with an average price target suggesting an increase of approximately $10.14, indicating continued confidence among investors.

Furthermore, recent earnings forecasts indicate that Packaging Corporation of America is anticipated to report its earnings on Jul 22, 2025. This upcoming earnings report is highly anticipated by investors, as it will provide further insight into the company's financial health and operational performance. The company’s stock has experienced variability, with forecasts ranging between lows of $180 and highs of $245, reflecting diverse market expectations.

In conclusion, Packaging Corporation of America is navigating a period of significant activity, with recent developments underscoring its robust market position and financial stability. Investors should take note of the ex-dividend date on Jun 13, 2025, as it marks the last opportunity to purchase shares and be eligible for the upcoming dividend. Any acquisitions made after this date will not be entitled to the current dividend distribution.

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