PH Glatfelter Stock To Go Ex-dividend Tomorrow (GLT)

NEW YORK ( TheStreet) -- The ex-dividend date for PH Glatfelter Company (NYSE: GLT) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $15.76 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for PH Glatfelter has been 276,500 shares per day over the past 30 days. PH Glatfelter has a market cap of $652 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 11.8% year to date as of the close of trading on Friday.

P.H. Glatfelter Company manufactures and sells specialty papers and fiber-based engineered materials in the United States and internationally. The company has a P/E ratio of 17.2, below the average consumer non-durables industry P/E ratio of 21.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates PH Glatfelter as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full PH Glatfelter Ratings Report.

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