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Stock impact report

Four Days Left Until Packaging Corporation of America (NYSE:PKG) Trades Ex-Dividend [Yahoo! Finance]

Packaging Corporation of America (PKG) 
Last packaging corporation of america earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: packagingcorp.com
Company Research Source: Yahoo! Finance
Corporation of America NYSE:PKG ) is about to go ex-dividend in just four days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Packaging Corporation of America investors that purchase the stock on or after the 14th of March will not receive the dividend, which will be paid on the 15th of April. The company's upcoming dividend is US$1.25 a share, following on from the last 12 months, when the company distributed a total of US$5.00 per share to shareholders. Based on the last year's worth of payments, Packaging Corporation of America stock has a trailing yield of around 2.7% on the current share price of US$186.08. Dividends are an important source of income to many Show less Read more
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