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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.