NEW YORK ( TheStreet) -- The ex-dividend date for Teva Pharmaceutical Industries (Nasdaq: TEVA) is tomorrow, February 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $44.61 as of 9:30 a.m. ET, the dividend yield is 1.7%. The average volume for Teva has been 5.4 million shares per day over the past 30 days. Teva has a market cap of $43.16 billion and is part of the health care sector and drugs industry. Shares are up 12.1% year to date as of the close of trading on Tuesday. Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, produces, and markets generic drugs; and proprietary branded pharmaceuticals in various therapeutic categories and active pharmaceutical ingredients worldwide. The company has a P/E ratio of 9.5, below the average drugs industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.
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