PerkinElmer Stock To Go Ex-dividend Tomorrow (PKI)

NEW YORK ( TheStreet) -- The ex-dividend date for PerkinElmer (NYSE: PKI) is tomorrow, January 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $22.46 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for PerkinElmer has been 1.3 million shares per day over the past 30 days. PerkinElmer has a market cap of $2.52 billion and is part of the health care sector and health services industry. Shares are up 11.6% year to date as of the close of trading on Friday.

PerkinElmer, Inc. provides technology, services, and solutions to the diagnostics, research, environmental and safety, and industrial and laboratory services markets worldwide. The company has a P/E ratio of 20.9, above the average health services industry P/E ratio of 6.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates PerkinElmer as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full PerkinElmer Ratings Report.

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