Mindray Medical International Stock To Go Ex-dividend Tomorrow (MR)

NEW YORK ( TheStreet) -- The ex-dividend date for Mindray Medical International (NYSE: MR) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $31.81 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Mindray Medical International has been 482,800 shares per day over the past 30 days. Mindray Medical International has a market cap of $3.43 billion and is part of the health care sector and health services industry. Shares are up 24.8% year to date as of the close of trading on Monday.

Mindray Medical International Limited, through its subsidiary, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., develops, manufactures, and markets medical devices worldwide. The company has a P/E ratio of 20.4, below the average health services industry P/E ratio of 22.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Mindray Medical International as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Mindray Medical International Ratings Report.

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