- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Buckeye Technologies (NYSE: BKI) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $30.52 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for Buckeye has been 294,500 shares per day over the past 30 days. Buckeye has a market cap of $1.21 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 9.7% year to date as of the close of trading on Wednesday. Buckeye Technologies Inc. engages in the manufacture and distribution of cellulose-based specialty products. It operates in two segments, Specialty Fibers and Nonwoven Materials. The company has a P/E ratio of 16.5, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.