Greif Stock To Go Ex-dividend Tomorrow (GEF)

NEW YORK ( TheStreet) -- The ex-dividend date for Greif (NYSE: GEF) is tomorrow, March 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $52.24 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Greif has been 201,500 shares per day over the past 30 days. Greif has a market cap of $1.21 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 14.2% year to date as of the close of trading on Wednesday.

Greif, Inc. manufactures and sells industrial packaging products, bulk containers, and containerboard and corrugated products worldwide. The company has a P/E ratio of 19.1, above the average consumer non-durables industry P/E ratio of 16.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Greif as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Greif Ratings Report.

See our dividend calendar or top-yielding stocks list.
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