Lincare Stock To Go Ex-dividend Tomorrow (LNCR)

NEW YORK ( TheStreet) -- The ex-dividend date for Lincare Holdings (Nasdaq: LNCR) is tomorrow, April 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $25.17 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for Lincare has been 625,900 shares per day over the past 30 days. Lincare has a market cap of $2.19 billion and is part of the health care sector and health services industry. Shares are down 1.2% year to date as of the close of trading on Tuesday.

Lincare Holdings Inc. provides oxygen, respiratory, and other chronic therapy services to patients in the home. The company has a P/E ratio of 13.5, above the average health services industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lincare as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lincare Ratings Report.

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