NEW YORK (

TheStreet

) -- The ex-dividend date for

Pfizer

(NYSE:

PFE

) is tomorrow, August 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $23.98 as of 9:30 a.m. ET, the dividend yield is 3.7%.

The average volume for Pfizer has been 35.9 million shares per day over the past 30 days. Pfizer has a market cap of $178.4 billion and is part of the

health care

sector and

drugs

industry. Shares are up 9.6% year to date as of the close of trading on Monday.

Pfizer Inc., a biopharmaceutical company, engages in the discovery, development, manufacture, and sale of medicines for people and animals worldwide. The company has a P/E ratio of 22.3, above the average drugs industry P/E ratio of 19.1 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pfizer as a

buy

. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity 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

Pfizer Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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