The ex-dividend date for Greif (NYSE:GEF) is tomorrow, June 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $65.31 as of 9:30 a.m., the dividend yield is 2.5%.
NEW YORK ( TheStreet) -- The ex-dividend date for Greif (NYSE: GEF) is tomorrow, June 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $65.31 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Greif has been 127,400 shares per day over the past 30 days. Greif has a market cap of $1.7 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 5.8% year to date as of the close of trading on Tuesday. Greif, Inc. engages in the manufacture and sale of industrial packaging products, and containerboard and corrugated products worldwide. The company has a P/E ratio of 16.3, above the average consumer non-durables industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates Greif as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Greif Ratings Report. See our dividend calendar or top-yielding stocks list.