NEW YORK ( TheStreet) -- The ex-dividend date for Medicis Pharmaceuticals Corporation (NYSE: MRX) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $38.41 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for Medicis has been 1.4 million shares per day over the past 30 days. Medicis has a market cap of $2.02 billion and is part of the health care sector and drugs industry. Shares are up 15.8% year to date as of the close of trading on Tuesday. Medicis Pharmaceutical Corporation, a specialty pharmaceutical company, engages in the development and marketing of various products for the treatment of dermatological and aesthetic conditions in the United States and Canada. The company has a P/E ratio of 24.2, above the average drugs industry P/E ratio of 23.5 and above the S&P 500 P/E ratio of 17.7.
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