Aetna Stock To Go Ex-dividend Tomorrow (AET)

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 Aetna (NYSE: AET) is tomorrow, October 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $42.05 as of 10:05 a.m. ET, the dividend yield is 1.7%.

The average volume for Aetna has been 4.2 million shares per day over the past 30 days. Aetna has a market cap of $14.07 billion and is part of the health care sector and health services industry. Shares are down 0.2% year to date as of the close of trading on Friday.

Aetna Inc. operates as a diversified health care benefits company in the United States. The company operates in three segments: Health Care, Group Insurance, and Large Case Pensions. The company has a P/E ratio of 8.3, 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 Aetna as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Aetna Ratings Report.

See our dividend calendar or top-yielding stocks list.

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