NEW YORK ( TheStreet) -- The ex-dividend date for CVS Caremark (NYSE: CVS) is tomorrow, April 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $43.90 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for CVS Caremark has been 7.1 million shares per day over the past 30 days. CVS Caremark has a market cap of $57.41 billion and is part of the services sector and retail industry. Shares are up 6.9% year to date as of the close of trading on Tuesday. CVS Caremark Corporation provides pharmacy health care services in the United States. The company has a P/E ratio of 16.8, below the average retail industry P/E ratio of 17.1 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full CVS Caremark Ratings Report. See our dividend calendar or top-yielding stocks list.