“Bemis Company, Inc. (BMS)—Founded in 1858 as the Bemis Brothers Bag Company, this is a major manufacturer of flexible packaging products and pressure-sensitive materials, primarily serving the food distribution industry. Its Flexible Packaging unit produces high-barrier, polyethylene and paper products, while the Pressure Sensitive Materials segment makes printing, decorative and sheet and technical products.
“Bemis also serves the chemical, agribusiness, medical, pharmaceutical, personal care, electronics, automotive, construction and graphics industries. Earnings per share are expected to be about $2.03 this year and $2.25 in 2013, compared with $1.99 in 2011. The dividend was raised earlier this year to $1.00 per share, marking the 29th consecutive annual increase and providing a 3.2% yield.”
Vita Nelson, DIRECTINVESTING.com, September 17, 2012
