EX-Dividend Schedule: Schweitzer-Mauduit International Has a Dividend Yield of 3.91%; Will Trade Ex-Dividend on May 24, 2018

LONDON, UK / ACCESSWIRE / May 23, 2018 / Active-Investors has a free review on Schweitzer-Mauduit International, Inc. (NYSE: SWM) following the Company’s announcement that it will begin trading ex-dividend on May 24, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on May 23, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on SWM:

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Dividend Declared

On May 02, 2018, Schweitzer-Mauduit announced that a quarterly cash dividend of $0.43 per share will be payable on June 22, 2018, to stockholders of record as of May 25, 2018.

Schweitzer-Mauduit’s indicated dividend represents a yield of 3.91%, which is more than double compared to the average dividend yield of 1.94% for the Consumer Goods sector. The Company has raised dividend for six years in a row.

Dividend Insights

Schweitzer-Mauduit has a dividend payout ratio of 50.7%, which indicates that the Company spends approximately $0.51 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Schweitzer-Mauduit is forecasted to report earnings of $3.72 per share for the next year, which is more than double compared to the Company’s annualized dividend of $1.72 per share.

Schweitzer-Mauduit’s cash provided by operating activities was $22.0 million. The Company`s working capital-related cash outflows were $18.4 million. Schweitzer-Mauduit’s free cash flow increased to $15.6 million from $1.0 million in the prior year’s same quarter due mostly to higher profits and favorable timing of capital spending. The Company’s total debt was $674.6 million on March 31, 2018, down $9.6 million from year-end 2017, and net debt was $578.5 million on March 31, 2018, up $1.2 million from year-end 2017. The Company’s strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

About Schweitzer-Mauduit

Schweitzer-Mauduit is a leading global provider of highly engineered papers, films, nets, and non-woven for a variety of applications and industries. As experts in manufacturing materials made from fibers, resins, and polymers, the Company provides its customers critical components that enhance the performance of their end products. Schweitzer-Mauduit and its subsidiaries conduct business in over 90 countries and employ approximately 3,600 people worldwide.

Stock Performance Snapshot

May 22, 2018 – At Tuesday’s closing bell, Schweitzer-Mauduit’s stock climbed 1.01%, ending the trading session at $45.04.

Volume traded for the day: 267.73 thousand shares, which was above the 3-month average volume of 170.03 thousand shares.

Stock performance in the last month – up 8.01%; previous three-month period – up 8.63%; past six-month period – up 5.21%; and previous twelve -month period – up 19.03%

After yesterday’s close, Schweitzer-Mauduit’s market cap was at $1.39 billion.

Price to Earnings (P/E) ratio was at 14.85.

The stock has a dividend yield of 3.82%.

The stock is part of the Consumer Goods sector, categorized under the Paper & Paper Products industry.

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