Packaging Corporation of America (PKG) declares a quarterly dividend of $1.25 per share, payable on October 15, 2025, to shareholders recorded by September 15, 2025. The company is a leading producer of containerboard products in North America, with a market capitalization of $17.84 billion and strong institutional ownership of 94.17%.
Packaging Corporation of America (PKG) has announced a quarterly dividend of $1.25 per share, payable on October 15, 2025, to shareholders recorded by September 15, 2025. The company, a leading producer of containerboard products in North America, is headquartered in Lake Forest, Illinois [2].
The dividend declaration comes following the company's strong financial performance. Packaging Corporation of America reported earnings per share (EPS) of $2.48 for the latest quarter, surpassing analysts' expectations. The company's revenue for the quarter was $2.17 billion, representing a 4.7% increase compared to the previous year [1].
The company's stock has seen significant changes in institutional ownership. Cambiar Investors LLC decreased its holdings by 12.6%, while other large investors, such as Charles Schwab Investment Management Inc. and JPMorgan Chase & Co., increased their positions [1]. As of the latest filing, 89.78% of the stock is owned by institutional investors and hedge funds [1].
Packaging Corporation of America operates through the Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, while the Paper segment manufactures and sells commodity and specialty papers. The company operates eight paper mills and 85 corrugated products plants and related facilities [2].
The company's market capitalization stands at $17.84 billion, and it is the third-largest producer of containerboard products in North America. The strong institutional ownership and recent financial performance indicate a positive outlook for the company [2].
References:
[1] https://www.marketbeat.com/instant-alerts/filing-cambiar-investors-llc-has-971-million-holdings-in-packaging-corporation-of-america-nysepkg-2025-08-17/
[2] https://ca.finance.yahoo.com/quote/PKG/
Comments
No comments yet