NEW YORK ( TheStreet) -- The ex-dividend date for PetMed Express (Nasdaq: PETS) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $9.88 as of 9:30 a.m. ET, the dividend yield is 5%.

The average volume for PetMed Express has been 269,100 shares per day over the past 30 days. PetMed Express has a market cap of $201.1 million and is part of the health care sector and drugs industry. Shares are down 43.9% year to date as of the close of trading on Friday.

PetMed Express, Inc., doing business as 1-800-PetMeds, operates a pet pharmacy in the United States. It markets non-prescription and prescription pet medications; and other health products for dogs and cats, as well as direct to consumers. The company has a P/E ratio of 12.6, above the average drugs industry P/E ratio of 12.5 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates PetMed Express as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, poor profit margins and a generally disappointing performance in the stock itself. You can view the full PetMed Express Ratings Report.

See our dividend calendar or top-yielding stocks list.

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