The ex-dividend date for Sealed Air Corporation (NYSE:SEE) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $13.09 as of 10 a.m., the dividend yield is 3.9%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Sealed Air Corporation (NYSE: SEE) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $13.09 as of 10 a.m. ET, the dividend yield is 3.9%. The average volume for Sealed Air has been 2.9 million shares per day over the past 30 days. Sealed Air has a market cap of $2.57 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 23.8% year to date as of the close of trading on Monday. Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Sealed Air as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. You can view the full Sealed Air Ratings Report. See our dividend calendar or top-yielding stocks list.