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Looking at the universe of stocks we cover at Dividend Channel, on 3/14/24, Packaging Corp of America (Symbol: PKG), Pactiv Evergreen Inc (Symbol: PTVE), and Albemarle Corp. (Symbol: ALB) will all trade ex-dividend for their respective upcoming dividends. Packaging Corp of America will pay its quarterly dividend of $1.25 on 4/15/24, Pactiv Evergreen Inc will pay its quarterly dividend of $0.10 on 3/29/24, and Albemarle Corp. will pay its quarterly dividend of $0.40 on 4/1/24. As a percentage of PKG's recent stock price of $187.68, this dividend works out to approximately 0.67%, so look for shares of Packaging Corp of America to trade 0.67% lower — all else being equal — when PKG shares open for trading on 3/14/24. Similarly, investors should look for PTVE to open 0.75% lower in price and for ALB to open 0.32% lower, all else being equal.

Below are dividend history charts for PKG, PTVE, and ALB, showing historical dividends prior to the most recent ones declared.

Packaging Corp of America (Symbol: PKG):

Pactiv Evergreen Inc (Symbol: PTVE):

Albemarle Corp. (Symbol: ALB):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.66% for Packaging Corp of America, 3.01% for Pactiv Evergreen Inc, and 1.28% for Albemarle Corp..

In Tuesday trading, Packaging Corp of America shares are currently up about 0.9%, Pactiv Evergreen Inc shares are up about 0.5%, and Albemarle Corp. shares are up about 5.4% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.