NEW YORK ( TheStreet) -- The ex-dividend date for Packaging Corporation of America (NYSE: PKG) is tomorrow, September 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 $25.27 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Packaging Corporation of America has been 1.3 million shares per day over the past 30 days. Packaging Corporation of America has a market cap of $2.6 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 1% year to date as of the close of trading on Friday. Packaging Corporation of America produces and sells containerboard and corrugated products in the United States. The company has a P/E ratio of 11.7, 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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