Packaging Corporation of America

Lake Forest, Illinois, USA, 08 December 2009 -- (BUSINESS WIRE) -- Packaging Corporation of America (NYSE: PKG) announced today that its board has approved a regular quarterly dividend of USD 0.15 per share on its common stock. The quarterly dividend of USD 0.15 per share will be paid to shareholders of record as of 15 December 2009, with a payment date of 15 January 2010. Future declaration of quarterly dividends, and the establishment of future record and payment dates, are subject to the final determination by PCA's board of directors.

PCA is the fifth largest producer of containerboard and corrugated packaging products in the United States, with sales of USD 2.4 billion in 2008.  PCA operates four paper mills and 68 corrugated product plants in 26 states across the country.