Rock-Tenn Stock To Go Ex-dividend Tomorrow (RKT)

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 Rock-Tenn Company (NYSE: RKT) is tomorrow, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $68.05 as of 2:40 p.m. ET, the dividend yield is 1.4%.

The average volume for Rock-Tenn has been 780,500 shares per day over the past 30 days. Rock-Tenn has a market cap of $4.68 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 14.1% year to date as of the close of trading on Tuesday.

Rock-Tenn Company manufactures and sells corrugated and consumer packaging products in the United States, Canada, Mexico, Chile, Argentina, Puerto Rico, and China. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Rock-Tenn as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Rock-Tenn Ratings Report.

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