In this article, let's take a look at Packaging Corporation of America , a $8.15 billion market cap company, which manufactures and sells containerboard and corrugated packaging products in the United States, Mexico, Canada, and Europe. A 37.5% Dividend Hike The firm has an attractive dividend policy showing its commitment to return cash to investors in the form of dividends as it generates healthy cash flow on a regular basis.The current dividend yield is 1.93%, and we have favorable expectations regarding dividend growth and why not share repurchases for the next years.