MeadWestvaco Stock To Go Ex-dividend Tomorrow (MWV)

NEW YORK ( TheStreet) -- The ex-dividend date for MeadWestvaco Corporation (NYSE: MWV) is tomorrow, February 4, 2014. Owners of shares as of market close today will be eligible for a dividend of $1.25 per share. At a price of $36 as of 9:50 a.m. ET, the dividend yield is 2.8%.

The average volume for MeadWestvaco has been 1.2 million shares per day over the past 30 days. MeadWestvaco has a market cap of $6.44 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 2.3% year to date as of the close of trading on Friday.

MeadWestvaco Corporation provides packaging solutions to healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries worldwide. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates MeadWestvaco 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, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full MeadWestvaco Ratings Report.

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