Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Packaging Corporation of America (NYSE:PKG) due to its excellent fundamentals in more than one area. PKG is a dependable dividend payer with a an impressive history of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my broad commentary, read the full report on Packaging of America here.
Solid track record established dividend payer
Over the past year, PKG has grown its earnings by 57%, with its most recent figure exceeding its annual average over the past five years. This strong performance generated a robust double-digit return on equity of 32%, which is an optimistic signal for the future.
For those seeking income streams from their portfolio, PKG is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.4%.
For Packaging of America, there are three key factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for PKG’s future growth? Take a look at our free research report of analyst consensus for PKG’s outlook.
- Financial Health: Are PKG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of PKG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.