Graphic Packaging Holding (NYSE:GPK) Announces Quarterly Dividend of $0.08

Share on StockTwits

Graphic Packaging Holding (NYSE:GPK) announced a quarterly dividend on Thursday, November 14th, Zacks reports. Investors of record on Sunday, December 15th will be paid a dividend of 0.075 per share by the industrial products company on Sunday, January 5th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, December 12th.

NYSE GPK traded down $0.11 during trading hours on Tuesday, reaching $16.47. 696,891 shares of the company’s stock were exchanged, compared to its average volume of 3,154,940. The company’s 50-day moving average is $16.05 and its two-hundred day moving average is $14.49. Graphic Packaging has a one year low of $10.13 and a one year high of $16.80. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.64 and a current ratio of 1.62. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 1.12 and a beta of 1.37.

Graphic Packaging (NYSE:GPK) last posted its earnings results on Tuesday, October 22nd. The industrial products company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. Graphic Packaging had a return on equity of 12.72% and a net margin of 3.60%. The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period in the prior year, the business earned $0.22 EPS. Graphic Packaging’s revenue for the quarter was up 3.3% compared to the same quarter last year. Research analysts predict that Graphic Packaging will post 0.87 earnings per share for the current fiscal year.

GPK has been the subject of a number of research reports. Zacks Investment Research cut Graphic Packaging from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. KeyCorp reissued a “hold” rating on shares of Graphic Packaging in a research note on Thursday, September 26th. Deutsche Bank increased their target price on Graphic Packaging from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, ValuEngine raised Graphic Packaging from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Graphic Packaging currently has a consensus rating of “Hold” and an average price target of $16.00.

About Graphic Packaging

Graphic Packaging Holding Company, together with its subsidiaries, provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies. It operates through three segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The company offers coated unbleached kraft (CUK), coated recycled paperboard (CRB), and solid bleached sulfate paperboard (SBS) to various paperboard packaging converters and brokers; and paperboard packaging folding cartons and cups, lids, and food containers primarily to consumer packaged goods, quick-service restaurants, and foodservice companies.

Featured Story: What is Cost of Debt?

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.



Latest News

Arrowhead Pharmaceuticals Inc  Shares Acquired by Nisa Investment Advisors LLC
Arrowhead Pharmaceuticals Inc Shares Acquired by Nisa Investment Advisors LLC
Nisa Investment Advisors LLC Sells 18,900 Shares of Waddell & Reed Financial, Inc.
Nisa Investment Advisors LLC Sells 18,900 Shares of Waddell & Reed Financial, Inc.
Nisa Investment Advisors LLC Increases Holdings in Unitil Co.
Nisa Investment Advisors LLC Increases Holdings in Unitil Co.
Nisa Investment Advisors LLC Grows Position in Generac Holdings Inc.
Nisa Investment Advisors LLC Grows Position in Generac Holdings Inc.
Nisa Investment Advisors LLC Lowers Stock Holdings in Easterly Government Properties Inc
Nisa Investment Advisors LLC Lowers Stock Holdings in Easterly Government Properties Inc
Nisa Investment Advisors LLC Buys 300 Shares of Horizon Therapeutics PLC
Nisa Investment Advisors LLC Buys 300 Shares of Horizon Therapeutics PLC


© 2006-2020 Ticker Report