Invacare Stock To Go Ex-dividend Tomorrow (IVC)

NEW YORK (TheStreet) -- The ex-dividend date for Invacare Corporation (NYSE:IVC) is tomorrow, December 30, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $15.41 as of 9:32 a.m. ET, the dividend yield is 0.3%.

The average volume for Invacare has been 306,500 shares per day over the past 30 days. Invacare has a market cap of $482.4 million and is part of the health care sector and health services industry. Shares are down 48.9% year to date as of the close of trading on Wednesday.

Invacare Corporation designs, manufactures, and distributes medical equipment and supplies for the non-acute care environment, including the home health care, retail, and extended care markets. The company has a P/E ratio of 13.4, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Invacare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full Invacare Ratings Report.

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