Packaging Corporation of America Declares Quarterly Dividend
LAKE FOREST, Ill.--(BUSINESS WIRE)--Mar. 1, 2017--
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 to
shareholders of record as of March 15, 2017 with a payment date of April
14, 2017. Future declaration of quarterly dividends and the
establishment of future record and payment dates are subject to the
final determination by PCA’s Board of Directors.
PCA is the fourth largest producer of containerboard products and the
third largest producer of uncoated freesheet paper in the United States,
based on production capacity. PCA operates eight paper mills and 94
corrugated products plants and related facilities.