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Packaging Corporation's (PKG) 25% hike in quarterly dividend to boost shareholder value and raise investors' confidence in the stock.
Packaging Corp (PKG) plans to raise its quarterly cash dividend by 25% to $1.25 per share.
However, dividends or distributions of more than 25% are subject to 'special' rules for ex-dividend dates. The major difference here is that for these larger distributions or dividends, the ex-dividend date is set as the day after payment (with the day of payment being the "payment date"). [4] For these larger 'special dividends', the ex ...
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
All three companies recently started a dividend program. For premium support please call: 800-290-4726 more ways to reach us
In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America In 2009, the company opened a new design center and project-management facility in Hong Kong, operating under the name Packaging Corporation of Asia Limited.
Packaging Corp's (PKG) Q4 performance likely to reflect the impact of lower prices, annual maintenance outages, higher converting costs and lower containerboard sales volume.
A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.