A Schulman Stock To Go Ex-dividend Tomorrow (SHLM)

NEW YORK ( TheStreet) -- The ex-dividend date for A Schulman (Nasdaq: SHLM) is tomorrow, April 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $23.97 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for A Schulman has been 177,300 shares per day over the past 30 days. A Schulman has a market cap of $693.1 million and is part of the basic materials sector and chemicals industry. Shares are up 13.3% year to date as of the close of trading on Friday.

A. Schulman, Inc. supplies plastic compounds and resins for packaging, consumer products, industrial, and automotive applications. The company has a P/E ratio of 15.4, below the average chemicals industry P/E ratio of 15.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates A Schulman as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full A Schulman Ratings Report.

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