Herbalife Stock To Go Ex-dividend Tomorrow (HLF)

NEW YORK ( TheStreet) -- The ex-dividend date for Herbalife (NYSE: HLF) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $47.89 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Herbalife has been 3.1 million shares per day over the past 30 days. Herbalife has a market cap of $5.32 billion and is part of the health care sector and drugs industry. Shares are down 8.7% year to date as of the close of trading on Wednesday.

Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. The company has a P/E ratio of 13.1, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Herbalife as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. 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 Herbalife Ratings Report.

See our dividend calendar or top-yielding stocks list.
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