WellPoint (NYSE: WLP) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $61.77 as of 9:36 a.m. ET, the dividend yield is 2.4%. The average volume for WellPoint has been 2.3 million shares per day over the past 30 days. WellPoint has a market cap of $18.8 billion and is part of the health services industry. Shares are up 1.5% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. WellPoint, Inc., through its subsidiaries, operates as a health benefits company in the United States. The company offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. The company has a P/E ratio of 7.56. Currently there are 5 analysts that rate WellPoint a buy, 1 analyst rates it a sell, and 10 rate it a hold. TheStreet Ratings rates WellPoint as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full WellPoint Ratings Report now.
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