NEW YORK (
) -- The ex-dividend date for
) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $78.33 as of 9:30 a.m. ET, the dividend yield is 1%.
The average volume for McKesson has been two million shares per day over the past 30 days. McKesson has a market cap of $19.19 billion and is part of the
industry. Shares are up 8.5% year to date as of the close of trading on Friday.
McKesson Corporation delivers medicines, pharmaceutical supplies, information, and care management products and services for the healthcare industry. The company has a P/E ratio of 18, above the average wholesale industry P/E ratio of 17.3 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates McKesson as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full