Packaging Corporation of America dividend history

Packaging Corporation of America paid $450m in dividends in fiscal 2025. That was 58.1% of net income.

Dividends, buybacks and capital spending

Dividends (TTM): $448M
Buybacks, last 3 fiscal years: $195M
Diluted share count: +24918.9%; year over year
Total shareholder yield: 1.9%; dividends 1.9% + buybacks 0.0% of market value
Dividend payout ratio: 65%; of net income paid out
Sales & admin spending: 7.1%; of revenue
Days sales outstanding: 55 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Packaging Corporation of America: dividends by fiscal year, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividends paid	77	62	76	118	109	157	201	216	238	268	299	300	380	420	449	449	450	448
Share buybacks	—	39	125	45	8	0	155	100	—	—	0	0	193	523	42	0	153	—
Dividends ÷ net income	28.9%	30.1%	48.1%	73.5%	24.7%	40.1%	46.0%	48.1%	35.5%	36.3%	42.9%	65.0%	45.2%	40.8%	58.7%	55.7%	58.1%	64.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: AVY vs PKG GPK vs PKG PKG vs SON AMCR vs PKG

More: Paper & Plastic Packaging Products & Materials stocks compared, Materials sector, rankings of US companies

Figures from Packaging Corporation of America's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Packaging Corporation of America.