NEW YORK ( TheStreet) -- The ex-dividend date for Sealed Air Corporation (NYSE: SEE) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $19.85 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Sealed Air has been 2.7 million shares per day over the past 30 days. Sealed Air has a market cap of $3.82 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 15.9% year to date as of the close of trading on Monday.

Sealed Air Corporation, through its subsidiaries, manufactures and sells packaging and performance-based materials and equipment systems worldwide. The company has a P/E ratio of 10.6, below the average consumer non-durables industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Sealed Air as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management. You can view the full Sealed Air Ratings Report.

See our dividend calendar or top-yielding stocks list.

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