Schweitzer-Mauduit International Stock To Go Ex-dividend Tomorrow (SWM)
The ex-dividend date for Schweitzer-Mauduit International (NYSE:SWM) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $66.85 as of 9:30 a.m., the dividend yield is 0.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for Schweitzer-Mauduit International (NYSE: SWM) is tomorrow, May 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $66.85 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for Schweitzer-Mauduit International has been 103,300 shares per day over the past 30 days. Schweitzer-Mauduit International has a market cap of $1.06 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.3% year to date as of the close of trading on Tuesday. Schweitzer-Mauduit International, Inc. manufactures and sells paper and reconstituted tobacco products to the tobacco industry, as well as specialized paper products for use in various applications. It operates in two segments, Paper and Reconstituted Tobacco. The company has a P/E ratio of 13.3, above the average consumer non-durables industry P/E ratio of 12.5 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Schweitzer-Mauduit International 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, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Schweitzer-Mauduit International Ratings Report. See our dividend calendar or top-yielding stocks list.