How Is Packaging Corporation of America's Stock Performance Compared to Other Dividend Stocks?

Packaging Corporation of America (PKG), headquartered in Lake Forest, Illinois, is a leading producer of containerboard and corrugated packaging solutions across the U.S. With mills and plants focused on efficient production for industrial and consumer needs, it supports shareholders through a consistent dividend policy. The company has a market capitalization of $19.27 billion, making PKG a “large-cap” stock. 

PKG’s shares reached a 52-week high of $249.51 on Feb. 12, but are down 16.1% from that level. With modestly optimistic sentiments surrounding PKG’s stock, it has gained slightly. Over the past three months, the stock gained 2.6%. On the other hand, the iShares Select Dividend ETF (DVY), which tracks an index of relatively high-dividend-paying U.S. equities like PKG, has gained 4.6% over the same period.