Packaging corporation of america announces 27% dividend increase

Lake forest, ill.--(business wire)--packaging corporation of america (nyse: pkg) announced today that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $4.00 per share from $3.16 per share, a 27% increase. the first quarterly dividend of $1.00 per share will be paid to shareholders of record as of december 21, 2020 with a payment date of january 15, 2021. future declaration of quarterly dividends and the establishment of future record and payment date
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