NEW YORK (
) -- The ex-dividend date for
) is Tuesday, February 22, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $58.62 as of 10:51 a.m. ET, the dividend yield is 1.1%. The average volume for Schweitzer-Mauduit International has been 281,000 shares per day over the past 30 days. Schweitzer-Mauduit International has a market cap of $1 billion and is part of the
industry. Shares are down 8.8% year to date as of the close of trading on Thursday.
Schweitzer-Mauduit International, Inc. manufactures and sells paper and reconstituted tobacco products to the tobacco industry, as well as specialized paper products for use in other applications. The company has a P/E ratio of 14.8, below the average consumer non-durables industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 23.4.
TheStreet Ratings rates Schweitzer-Mauduit International as buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full