Packaging Corp. (PKG) Raises Quarterly Dividend 14.5% to $0.63; 3.2% Yield

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Packaging Corporation of America Announces 15% Dividend Increase

August 31, 2016 5:00 PM EDT

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $2.52 per share from $2.20 per share, a 15% increase. The first quarterly dividend... More