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Packaging Corp Of America Hikes Dividend By 25%

Packaging Corp Of America (NYSE: PKG) has increased the annual payout of the cash dividend on its common stock by 25% to $5.00 from $4.00 per share.

byShivani Kumaresan

May 19, 2022

1 minute read

Packaging Corp Of America (NYSE:PKG) has increased the annual payout of the cash dividend on its common stock by 25% to $5.00 from $4.00 per share.
The first quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 15, 2022, with a payment date of July 15, 2022.
The company held $778.4 million in cash and equivalents as of March 31, 2022.
Price Action: PKG shares closed lower by 4.67% at $151.32 on Wednesday.

North Korea Reports First-Ever COVID-19 Case 2 Years Into Pandemic, Kim Jong-un Orders ‘Serious Emergency’

By Navdeep Yadav

Today, 2:35 AM

North Korean leader Kim Jong-un declared a "serious emergency" and ordered lockdowns across the country after confirming the first-ever Covid-19 case in the country on Thursday.

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Lifeway Foods To Introduce New Line Of Adaptogenic Functional Mushroom Beverages At 2022 Winter Fancy Food Show

By Benzinga Newsdesk

Today, 2:35 AM

Lifeway Foods, Inc. (NASDAQ:LWAY), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, announced today that it will preview its new line of adaptogenic functional

LWAY

DiaMedica Therapeutics Q2 EPS $(0.17) Beats $(0.21) Estimate

By Benzinga Newsdesk

Today, 2:35 AM

DiaMedica Therapeutics (NASDAQ:DMAC) reported quarterly losses of $(0.17) per share which beat the analyst consensus estimate of $(0.21) by 19.05 percent. This is unchanged from the same period last year.

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