NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $31.75 as of 9:30 a.m. ET, the dividend yield is 2.1%.
The average volume for Steris has been 429,300 shares per day over the past 30 days. Steris has a market cap of $1.7 billion and is part of the
industry. Shares are up 6.4% year to date as of the close of trading on Wednesday.
STERIS Corporation and its subsidiaries develop, manufacture, and sell infection prevention, contamination control, microbial reduction, and surgical support products and services for healthcare, pharmaceutical, scientific, research, industrial, and governmental customers worldwide. The company has a P/E ratio of 14.4, below the average health services industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Steris as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full