Bemis Company, Inc. (NYSE:BMS) declared a quarterly dividend on Thursday, November 2nd, RTT News reports. Investors of record on Wednesday, November 15th will be paid a dividend of 0.30 per share by the industrial products company on Friday, December 1st. This represents a $1.20 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend is Tuesday, November 14th.

Bemis has raised its dividend by an average of 3.7% per year over the last three years and has increased its dividend every year for the last 33 years. Bemis has a payout ratio of 50.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Bemis to earn $2.67 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 44.9%.

Shares of Bemis (BMS) traded down $0.40 during trading on Monday, hitting $43.14. 586,600 shares of the stock were exchanged, compared to its average volume of 847,397. The firm has a market cap of $3,917.33, a PE ratio of 17.75, a price-to-earnings-growth ratio of 2.60 and a beta of 0.94. Bemis has a fifty-two week low of $40.60 and a fifty-two week high of $51.98. The company has a quick ratio of 0.91, a current ratio of 1.80 and a debt-to-equity ratio of 1.20.

Bemis (NYSE:BMS) last posted its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.05. Bemis had a net margin of 4.84% and a return on equity of 17.83%. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the company posted $0.75 EPS. The company’s quarterly revenue was up .8% compared to the same quarter last year. equities analysts expect that Bemis will post 2.37 EPS for the current year.

WARNING: “Bemis Company, Inc. (BMS) to Issue Quarterly Dividend of $0.30 on December 1st” was reported by Daily Political and is owned by of Daily Political. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at

BMS has been the subject of a number of analyst reports. BidaskClub cut Bemis from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. UBS AG began coverage on Bemis in a report on Tuesday, July 25th. They set a “buy” rating and a $55.00 price target on the stock. TheStreet lowered Bemis from a “b” rating to a “c+” rating in a report on Thursday, July 27th. Jefferies Group LLC reaffirmed a “hold” rating and set a $44.00 target price (down from $45.00) on shares of Bemis in a report on Tuesday, August 1st. Finally, Citigroup Inc. reaffirmed a “hold” rating on shares of Bemis in a report on Thursday, August 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $48.60.

Bemis Company Profile

Bemis Company, Inc is a manufacturer of packaging products. The Company operates through two segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States. The Global Packaging segment includes all packaging-related manufacturing operations located outside of the United States, as well as global medical device and pharmaceutical packaging-related manufacturing operations.

Dividend History for Bemis (NYSE:BMS)

Receive News & Ratings for Bemis Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bemis Company Inc. and related companies with's FREE daily email newsletter.