|Bid||34.40 x 900|
|Ask||34.52 x 800|
|Day's Range||34.05 - 34.68|
|52 Week Range||20.00 - 46.65|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||12.26|
|Earnings Date||Feb 18, 2021 - Feb 22, 2021|
|Forward Dividend & Yield||1.76 (5.16%)|
|Ex-Dividend Date||Nov 25, 2020|
|1y Target Est||49.00|
Schweitzer-Mauduit Intl (NYSE: SWM) declared a dividend payable on December 18, 2020 to its shareholders as of November 4, 2020. It was also announced that shareholders of Schweitzer-Mauduit Intl's stock as of November 27, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 2 business day(s) before the record date. Schweitzer-Mauduit Intl has an ex-dividend date planned for November 25, 2020. The company's current dividend payout sits at $0.44. That equates to a dividend yield of 4.9% at current price levels.The Significance Of Ex-Dividend Dates An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Schweitzer-Mauduit Intl's Dividend Performance Over the past year, Schweitzer-Mauduit Intl has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on November 27, 2019 the company's payout was $0.44, which has returned to its value today. Schweitzer-Mauduit Intl's dividend yield last year was 4.39%, which has since grown by 0.51%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.To read more news on Schweitzer-Mauduit Intl click here.See more from Benzinga * Click here for options trades from Benzinga * Understanding First BanCorp's Ex-Dividend Date * Stocks That Hit 52-Week Highs On Tuesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Schweitzer-Mauduit International, Inc. (NYSE:SWM) shareholders should be happy to see the share price up 17% in the...
NEW YORK, NY / ACCESSWIRE / November 5, 2020 / Schweitzer-Mauduit International, Inc.