Amgen Stock To Go Ex-dividend Monday (AMGN)

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 Amgen (Nasdaq: AMGN) is Monday, February 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 47 cents per share. At a price of $85.95 as of 9:48 a.m. ET, the dividend yield is 2.2%.

The average volume for Amgen has been five million shares per day over the past 30 days. Amgen has a market cap of $66.45 billion and is part of the health care sector and drugs industry. Shares are up 0.5% year to date as of the close of trading on Thursday.

Amgen Inc., a biotechnology medicines company, discovers, develops, manufactures, and markets human therapeutics based on advances in cellular and molecular biology for grievous illnesses primarily in the United States, Europe, and Canada. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Amgen as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures 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 Amgen Ratings Report.

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