Schweitzer-Mauduit International Inc. Declares Quarterly Dividend of $0.36 (SWM)
Schweitzer-Mauduit International (NYSE:SWM) announced a quarterly dividend on Friday, August 8th, StockRatingsNetwork.com reports. Shareholders of record on Thursday, August 28th will be paid a dividend of 0.36 per share on Thursday, September 25th. This represents a $1.44 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Tuesday, August 26th.
Schweitzer-Mauduit International (NYSE:SWM) traded up 1.25% during mid-day trading on Friday, hitting $42.97. The stock had a trading volume of 113,152 shares. Schweitzer-Mauduit International has a one year low of $38.88 and a one year high of $63.53. The stock has a 50-day moving average of $42.44 and a 200-day moving average of $43.14. The company has a market cap of $1.309 billion and a P/E ratio of 19.63.
Schweitzer-Mauduit International (NYSE:SWM) last released its earnings data on Thursday, August 7th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.82 by $0.09. The company had revenue of $203.60 million for the quarter, compared to the consensus estimate of $207.20 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that Schweitzer-Mauduit International will post $3.39 EPS for the current fiscal year.
Schweitzer-Mauduit International, Inc is a diversified producer of specialty papers. It operates in two segments: Paper and Reconstituted Tobacco.
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