Silgan Stock To Go Ex-dividend Tomorrow (SLGN)

NEW YORK ( TheStreet) -- The ex-dividend date for Silgan Holdings (Nasdaq: SLGN) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $42.72 as of 9:30 a.m. ET, the dividend yield is 1.1%.

The average volume for Silgan has been 153,500 shares per day over the past 30 days. Silgan has a market cap of $2.94 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 9.1% year to date as of the close of trading on Friday.

Silgan Holdings Inc. and its subsidiaries engage in the manufacture and sale of rigid packaging for consumer goods products worldwide. The company has a P/E ratio of 14.7, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Silgan as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Silgan Ratings Report.

See our dividend calendar or top-yielding stocks list.
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