Graphic Packaging Holding Company Plans Quarterly Dividend of $0.11 (NYSE:GPK)

Graphic Packaging Holding Company (NYSE:GPKGet Free Report) announced a quarterly dividend on Tuesday, May 26th. Stockholders of record on Monday, June 15th will be given a dividend of 0.11 per share by the industrial products company on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Monday, June 15th.

Graphic Packaging has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Graphic Packaging has a payout ratio of 17.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Graphic Packaging to earn $1.23 per share next year, which means the company should continue to be able to cover its $0.44 annual dividend with an expected future payout ratio of 35.8%.

Graphic Packaging Stock Up 0.8%

Shares of NYSE GPK opened at $10.25 on Wednesday. The stock has a market capitalization of $3.03 billion, a P/E ratio of 11.14 and a beta of 0.61. The stock’s fifty day moving average is $9.76 and its 200 day moving average is $12.75. Graphic Packaging has a 52 week low of $8.78 and a 52 week high of $23.76. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.59 and a current ratio of 1.41.

Graphic Packaging (NYSE:GPKGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.03. Graphic Packaging had a net margin of 3.17% and a return on equity of 12.62%. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the prior year, the business posted $0.51 earnings per share. Graphic Packaging’s revenue was up 1.7% compared to the same quarter last year. Graphic Packaging has set its FY 2026 guidance at 0.750-1.150 EPS. Sell-side analysts forecast that Graphic Packaging will post 0.85 earnings per share for the current fiscal year.

About Graphic Packaging

(Get Free Report)

Graphic Packaging Holding Company is a leading provider of sustainable paperboard packaging solutions, offering a broad portfolio of products designed for food, beverage and other consumer goods markets. The company specializes in the manufacture of containerboard, folding cartons and engineered fill materials, as well as beverage packaging systems including paperboard cups, carriers and related components.

Through a network of manufacturing facilities across North America, Europe and Latin America, Graphic Packaging serves a diverse customer base that includes major consumer packaged goods companies, quick-service restaurants and retail chains.

See Also

Dividend History for Graphic Packaging (NYSE:GPK)

Receive News & Ratings for Graphic Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphic Packaging and related companies with MarketBeat.com's FREE daily email newsletter.