AmerisourceBergen Stock To Go Ex-dividend Tomorrow (ABC)

The ex-dividend date for AmerisourceBergen (NYSE:ABC) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $37.60 as of 9:40 a.m., the dividend yield is 1.3%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

AmerisourceBergen

(NYSE:

ABC

) is tomorrow, February 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $37.60 as of 9:40 a.m. ET, the dividend yield is 1.3%.

The average volume for AmerisourceBergen has been 2.1 million shares per day over the past 30 days. AmerisourceBergen has a market cap of $10.22 billion and is part of the

services

sector and

wholesale

industry. Shares are up 0.1% year to date as of the close of trading on Monday.

AmerisourceBergen Corporation, a pharmaceutical services company, provides drug distribution and related services to healthcare providers and pharmaceutical manufacturers primarily in the United States and Canada. The company has a P/E ratio of 14.9, below the average wholesale industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates AmerisourceBergen as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

AmerisourceBergen Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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