Packaging Corporation of America (NYSE: PKG) shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $61.57 as of 9:35 a.m. ET, the dividend yield is 2.6%. The average volume for Packaging Corporation of America has been 864,100 shares per day over the past 30 days. Packaging Corporation of America has a market cap of $6.1 billion and is part of the consumer non-durables industry. Shares are up 59.6% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Packaging Corporation of America engages in the manufacture and sale of containerboard and corrugated packaging products for industrial and consumer markets in the United States. The company has a P/E ratio of 22.36. TheStreet Ratings rates Packaging Corporation of America as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Packaging Corporation of America Ratings Report now.
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