NEW YORK ( TheStreet) -- The ex-dividend date for Silgan Holdings (Nasdaq: SLGN) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $37.35 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Silgan has been 261,000 shares per day over the past 30 days. Silgan has a market cap of $2.58 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.6% year to date as of the close of trading on Friday.

Silgan Holdings Inc. engages in the manufacture and sale of metal and plastic consumer goods packaging products primarily in the United States, Europe, and Canada. The company has a P/E ratio of 14.9, below the average consumer non-durables industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Silgan as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Silgan Ratings Report.

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