The ex-dividend date for Domtar (NYSE:UFS) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $98.31 as of 9:30 a.m., the dividend yield is 1.4%.
NEW YORK ( TheStreet) -- The ex-dividend date for Domtar (NYSE: UFS) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $98.31 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Domtar has been 386,800 shares per day over the past 30 days. Domtar has a market cap of $3.19 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 23.1% year to date as of the close of trading on Friday. Domtar Corporation engages in the design, manufacture, marketing, and distribution of fiber-based products in North America. The company operates in three segments: Pulp and Paper, Distribution, and Personal Care. The company has a P/E ratio of 10.8, above the average consumer non-durables industry P/E ratio of 5.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Domtar as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Domtar Ratings Report. See our dividend calendar or top-yielding stocks list.