NEW YORK ( TheStreet) -- The ex-dividend date for Medtronic (NYSE: MDT) is tomorrow, April 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $39.18 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Medtronic has been 6.1 million shares per day over the past 30 days. Medtronic has a market cap of $41.51 billion and is part of the health care sector and health services industry. Shares are up 2.5% year to date as of the close of trading on Friday. Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. The company has a P/E ratio of 12.6, above the average health services industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7.
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