NEW YORK ( TheStreet) -- The ex-dividend date for Packaging Corporation of America (NYSE: PKG) is Monday, June 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $28.91 as of 9:32 a.m. ET, the dividend yield is 2.8%. The average volume for Packaging Corporation of America has been 981,600 shares per day over the past 30 days. Packaging Corporation of America has a market cap of $2.9 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 12.3% year to date as of the close of trading on Thursday. Packaging Corporation of America produces containerboard and corrugated products in the United States. The company has a P/E ratio of 13, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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