NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $17.39 as of 9:41 a.m. ET, the dividend yield is 3.1%.
The average volume for Sealed Air has been 2.5 million shares per day over the past 30 days. Sealed Air has a market cap of $2.7 billion and is part of the
industry. Shares are down 31.6% year to date as of the close of trading on Monday.
Sealed Air Corporation, through its subsidiaries, manufactures and sells packaging and performance-based materials and equipment systems worldwide. The company has a P/E ratio of 12, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sealed Air as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, 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