NEW YORK (
) -- The ex-dividend date for
) is tomorrow, April 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $32.88 as of 9:32 a.m. ET, the dividend yield is 3.1%.
The average volume for MeadWestvaco has been 1.5 million shares per day over the past 30 days. MeadWestvaco has a market cap of $5.4 billion and is part of the
industry. Shares are up 26.1% year to date as of the close of trading on Tuesday.
MeadWestvaco Corporation (MWV) provides packaging solutions to the healthcare, personal care and beauty, food, beverage, home and garden, tobacco, and commercial print industries worldwide. The company has a P/E ratio of 21.2, below the average consumer non-durables industry P/E ratio of 52 and above the S&P 500 P/E ratio of 16.7.
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TheStreet Ratings rates MeadWestvaco as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, solid stock price performance, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full