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NEW YORK (

TheStreet

) -- The ex-dividend date for

St Jude Medical

(NYSE:

STJ

) is tomorrow, December 27, 2013. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $62.85 as of 9:50 a.m. ET, the dividend yield is 1.6%.

The average volume for St Jude Medical has been 2.1 million shares per day over the past 30 days. St Jude Medical has a market cap of $18.24 billion and is part of the health care sector and health services industry. Shares are up 73% year to date as of the close of trading on Tuesday.

St. Jude Medical, Inc. develops, manufactures, and distributes cardiovascular and implantable neurostimulation medical devices worldwide. It operates in two divisions, Cardiovascular and Ablation Technologies, and Implantable Electronic Systems.

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TheStreet Ratings rates

St Jude Medical

TheStreet Recommends

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

St Jude Medical Ratings Report

.

See our

dividend calendar

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