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.
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