NEW YORK ( TheStreet) -- The ex-dividend date for Invacare Corporation (NYSE: IVC) is tomorrow, December 30, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $15.41 as of 9:32 a.m. ET, the dividend yield is 0.3%. The average volume for Invacare has been 306,500 shares per day over the past 30 days. Invacare has a market cap of $482.4 million and is part of the health care sector and health services industry. Shares are down 48.9% year to date as of the close of trading on Wednesday. Invacare Corporation designs, manufactures, and distributes medical equipment and supplies for the non-acute care environment, including the home health care, retail, and extended care markets. The company has a P/E ratio of 13.4, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Invacare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. You can view the full Invacare Ratings Report. See our dividend calendar or top-yielding stocks list.