Should You Buy Bitcoin in 2024? [Expert's Shocking Answer]
Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.
Financials
| Curr Year EPS Estimate | 6.84 |
| Next Quarter EPS Estimate | 1.43 |
| Profit Margin | 0.07 |
| Return on Assets | 0.07 |
| Return on Equity | 0.15 |
| Revenue | 6,658,200,064 |
| Earnings Per Share | 4.84 |
| Revenue Per Share | 70.76 |
| Gross Profit | 1,390,400,000 |
| Quarterly Revenue Growth | -0.00 |
General
| Name | Packaging Corporation of America |
| Ticker | PKG |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Packaging & Containers |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 15,200 |
About Packaging Corporation of America
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through Packaging and Paper segments. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication-based papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.
Dividend
Packaging Corporation of America pays out a dividend of $3.37 per share, with a dividend yield of 2.70%.
PKG's last dividend payment was made to shareholders on April 15, 2021.
They pay out 61.94% of their earnings out as a dividend.
Recent Dividends
| Apr 15, 2024 | $1.25 |
| Jan 15, 2024 | $1.25 |
| Oct 13, 2023 | $1.25 |
| Jul 14, 2023 | $1.25 |
| Apr 14, 2023 | $1.25 |
| Jan 13, 2023 | $1.25 |
| Oct 17, 2022 | $1.25 |
| Jul 15, 2022 | $1.25 |
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