Mead Johnson Nutrition Stock To Go Ex-dividend Tomorrow (MJN)

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 Mead Johnson Nutrition Company (NYSE: MJN) is tomorrow, December 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $66.16 as of 2:41 p.m. ET, the dividend yield is 1.8%.

The average volume for Mead Johnson Nutrition has been 2.2 million shares per day over the past 30 days. Mead Johnson Nutrition has a market cap of $13.49 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 3.3% year to date as of the close of trading on Tuesday.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. The company has a P/E ratio of 24.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Mead Johnson Nutrition as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, 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 Mead Johnson Nutrition Ratings Report.

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