NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $78.39 as of 9:31 a.m. ET, the dividend yield is 0.9%.
The average volume for McKesson has been two million shares per day over the past 30 days. McKesson has a market cap of $2 billion and is part of the
industry. Shares are up 11.5% year to date as of the close of trading on Wednesday.
McKesson Corporation offers medicines, pharmaceutical supplies, and information and care management products and services for the healthcare industry. It operates through two segments, Distribution Solutions and Technology Solutions. The company has a P/E ratio of 19.9, above the average wholesale industry P/E ratio of 18.6 and below the S&P 500 P/E ratio of 22.7.
TheStreet Ratings rates McKesson as buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full