The ex-dividend date for Bemis (NYSE:BMS) is tomorrow, May 17, 2013. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $40.52 as of 9:30 a.m., the dividend yield is 2.6%.
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 Bemis (NYSE: BMS) is tomorrow, May 17, 2013. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $40.52 as of 9:30 a.m. ET, the dividend yield is 2.6%. The average volume for Bemis has been 840,600 shares per day over the past 30 days. Bemis has a market cap of $4.15 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 20.7% year to date as of the close of trading on Wednesday. Bemis Company, Inc. manufactures and sells flexible packaging products and pressure sensitive materials in North America, Latin America, Europe, and the Asia Pacific. The company operates in three segments: U.S. Packaging, Global Packaging, and Pressure Sensitive Materials. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Bemis as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance, growth in earnings per share and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Bemis Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.