WellPoint Stock To Go Ex-dividend Tomorrow (WLP)

NEW YORK ( TheStreet) -- The ex-dividend date for WellPoint (NYSE: WLP) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $64.66 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for WellPoint has been 2.5 million shares per day over the past 30 days. WellPoint has a market cap of $24.14 billion and is part of the health care sector and health services industry. Shares are down 1.6% year to date as of the close of trading on Monday.

WellPoint, Inc., through its subsidiaries, operates as a health benefits company in the United States. The company offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. The company has a P/E ratio of 9.1, 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 WellPoint as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full WellPoint Ratings Report.

See our dividend calendar or top-yielding stocks list.
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