The ex-dividend date for Bemis Co Inc (NYSE:BMS) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $28.58 as of 9:50 a.m., the dividend yield is 3.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Bemis Co Inc (NYSE: BMS) is tomorrow, November 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $28.58 as of 9:50 a.m. ET, the dividend yield is 3.3%. The average volume for Bemis Co has been 1.1 million shares per day over the past 30 days. Bemis Co has a market cap of $3 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 12.2% year to date as of the close of trading on Tuesday. Bemis Company, Inc. manufactures and sells flexible packaging products and pressure sensitive materials in the United States, Canada, Mexico, South America, Europe, and Australasia. The company operates in two segments, Flexible Packaging and Pressure Sensitive Materials. The company has a P/E ratio of 16.5, above the average consumer non-durables industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Bemis Co as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Bemis Co Ratings Report. See our dividend calendar or top-yielding stocks list.