Packaging Corporation of America Declares Quarterly Dividend
LAKE FOREST, Ill.--(BUSINESS WIRE)--Dec. 13, 2016--
Packaging Corporation of America (NYSE: PKG) announced today that its
Board approved a regular quarterly dividend of $0.63 per share on its
common stock. The quarterly dividend of $0.63 per share will be paid on
January 13, 2017 to shareholders of record as of December 23, 2016.
Future declaration of quarterly dividends and the establishment of
future record and payment dates are subject to the final determination
of PCA’s Board of Directors.
PCA is the fourth largest producer of containerboard and corrugated
packaging products in the United States and the third largest producer
of uncoated freesheet paper in North America. PCA operates eight mills
and 95 corrugated products plants and related facilities.