NEW YORK (
) -- The ex-dividend date for
Johnson & Johnson
) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $60.40 as of 9:31 a.m. ET, the dividend yield is 3.6%.
The average volume for Johnson & Johnson has been 10.8 million shares per day over the past 30 days. Johnson & Johnson has a market cap of $166.6 billion and is part of the
industry. Shares are down 2.4% year to date as of the close of trading on Wednesday.
Johnson & Johnson engages in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics. The company has a P/E ratio of 12.7, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 22.7.
TheStreet Ratings rates Johnson & Johnson as buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full