Schweitzer-Mauduit International Stock To Go Ex-dividend Tomorrow (SWM)
The ex-dividend date for Schweitzer-Mauduit International (NYSE:SWM) is tomorrow, August 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.88 as of 9:53 a.m., the dividend yield is 1.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Schweitzer-Mauduit International (NYSE: SWM) is tomorrow, August 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $55.88 as of 9:53 a.m. ET, the dividend yield is 1.1%. The average volume for Schweitzer-Mauduit International has been 175,000 shares per day over the past 30 days. Schweitzer-Mauduit International has a market cap of $868.5 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 12% year to date as of the close of trading on Tuesday. 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 13.3, below the average consumer non-durables industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Schweitzer-Mauduit International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Schweitzer-Mauduit International Ratings Report. See our dividend calendar or top-yielding stocks list.