NEW YORK ( TheStreet) -- The ex-dividend date for Bemis Company (NYSE: BMS) is Monday, May 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $32.95 as of 9:31 a.m. ET, the dividend yield is 2.9%.

The average volume for Bemis has been 823,200 shares per day over the past 30 days. Bemis has a market cap of $3.4 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 0.8% year to date as of the close of trading on Thursday.

Bemis Company, Inc. manufactures and sells flexible packaging products and pressure sensitive materials in the United States, Canada, Mexico, South America, Europe, and Asia. The company operates in two segments, Flexible Packaging and Pressure Sensitive Materials. The company has a P/E ratio of 16.1, 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 Bemis as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Bemis Ratings Report.

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