NEW YORK (

TheStreet

) -- The ex-dividend date for

Teleflex

(NYSE:

TFX

) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $59.89 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Teleflex has been 171,200 shares per day over the past 30 days. Teleflex has a market cap of $2.46 billion and is part of the

health care

sector and

health services

industry. Shares are down 2.5% year to date as of the close of trading on Tuesday.

Teleflex Incorporated primarily develops, manufactures, and supplies single-use medical devices used by hospitals and healthcare providers worldwide. The company has a P/E ratio of 20.3, above the average health services industry P/E ratio of 10.3 and above the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Teleflex as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, increase in stock price during the past year, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Teleflex Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null