CVS Caremark Stock To Go Ex-dividend Tomorrow (CVS)
The ex-dividend date for CVS Caremark (NYSE:CVS) is tomorrow, October 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $46.90 as of 9:30 a.m., the dividend yield is 1.4%.
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 CVS Caremark (NYSE: CVS) is tomorrow, October 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $46.90 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for CVS Caremark has been 6.5 million shares per day over the past 30 days. CVS Caremark has a market cap of $59.88 billion and is part of the services sector and retail industry. Shares are up 15% 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 16.7, below the average retail industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CVS Caremark 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, increase in net income and good cash flow from operations. 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. 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.