The ex-dividend date for Greif (NYSE:GEF) is tomorrow, December 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 $43.44 as of 9:35 a.m., the dividend yield is 3.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for Greif (NYSE: GEF) is tomorrow, December 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 $43.44 as of 9:35 a.m. ET, the dividend yield is 3.9%. The average volume for Greif has been 226,100 shares per day over the past 30 days. Greif has a market cap of $1.09 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 29.8% year to date as of the close of trading on Wednesday. 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 14.4, above the average consumer non-durables industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Greif as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full Greif Ratings Report. See our dividend calendar or top-yielding stocks list.