NEW YORK (
) -- The ex-dividend date for
Johnson & Johnson
) is tomorrow, May 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $66.31 as of 9:31 a.m. ET, the dividend yield is 3.5%.
The average volume for Johnson & Johnson has been 12.4 million shares per day over the past 30 days. Johnson & Johnson has a market cap of $179.7 billion and is part of the
industry. Shares are up 6.4% year to date as of the close of trading on Tuesday.
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 14.9, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Johnson & Johnson as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full