NEW YORK ( TheStreet) -- The ex-dividend date for Zimmer Holdings (NYSE: ZMH) is tomorrow, June 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $62.76 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Zimmer has been 1.6 million shares per day over the past 30 days. Zimmer has a market cap of $10.87 billion and is part of the health care sector and health services industry. Shares are up 15.6% year to date as of the close of trading on Friday.

Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. The company has a P/E ratio of 15, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Zimmer as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Zimmer Ratings Report.

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