Packaging Corporation of America Dividends and Buybacks
Dividend criteria checks 5/6
Packaging of America is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €5.000 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PKA's dividends per share have been stable in the past 10 years.
Growing Dividend: PKA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Packaging Corporation of America Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PKA) | 2.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Packaging) | 3.4% |
| Analyst forecast (PKA) (up to 3 years) | 2.1% |
Notable Dividend: PKA's dividend (2.02%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: PKA's dividend (2.02%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), PKA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.4%), PKA's dividend payments are covered by cash flows.