Coventry Health Care Stock To Go Ex-dividend Tomorrow (CVH)
The ex-dividend date for Coventry Health Care (NYSE:CVH) is tomorrow, September 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $41.69 as of 9:30 a.m., the dividend yield is 1.2%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Coventry Health Care (NYSE: CVH) is tomorrow, September 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $41.69 as of 9:30 a.m. ET, the dividend yield is 1.2%. The average volume for Coventry Health Care has been 2.7 million shares per day over the past 30 days. Coventry Health Care has a market cap of $5.56 billion and is part of the health care sector and health services industry. Shares are up 36.9% year to date as of the close of trading on Monday. Coventry Health Care, Inc. operates as a managed healthcare company in the United States. The company's Health Plan and Medical Services division provides health plan commercial risk, commercial management services, Medicare advantage coordinated care plans, and Medicaid products. The company has a P/E ratio of 12.5, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Coventry Health Care as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Coventry Health Care Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
Coventry Health Care (NYSE:CVH) hit a new 52-week high Monday as it is currently trading at $50.34, above its previous 52-week high of $50.24 with 62,304 shares traded as of 10:06 a.m. ET. Average volume has been one million shares over the past 30 days.
Coventry Health Care (NYSE:CVH) hit a new 52-week high Thursday as it is currently trading at $49.42, above its previous 52-week high of $49.40 with 7,164 shares traded as of 9:31 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.