The ex-dividend date for Zimmer Holdings (NYSE:ZMH) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $64.53 as of 9:30 a.m., the dividend yield is 1.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Zimmer Holdings (NYSE: ZMH) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $64.53 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Zimmer has been two million shares per day over the past 30 days. Zimmer has a market cap of $10.13 billion and is part of the health care sector and health services industry. Shares are up 20.6% year to date as of the close of trading on Monday. Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The company has a P/E ratio of 15.8, below the average health services industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Zimmer as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Zimmer Ratings Report. See our dividend calendar or top-yielding stocks list.