NEW YORK (
) -- The ex-dividend date for
) is Monday, February 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $27.63 as of 9:32 a.m. ET, the dividend yield is 0.5%.
The average volume for Omnicare has been 1.9 million shares per day over the past 30 days. Omnicare has a market cap of $3 billion and is part of the
industry. Shares are up 8.6% year to date as of the close of trading on Thursday.
Omnicare, Inc., a pharmaceutical services company, provides pharmaceuticals and related pharmacy and ancillary services to long-term healthcare institutions. The company has a P/E ratio of 16.3, below the average wholesale industry P/E ratio of 78.5 and below the S&P 500 P/E ratio of 22.6.
TheStreet Ratings rates Omnicare as hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full