Abbott Stock To Go Ex-dividend Tomorrow (ABT)

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 Abbott Laboratories (NYSE: ABT) is tomorrow, April 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $36.71 as of 9:30 a.m. ET, the dividend yield is 1.5%.

The average volume for Abbott has been 10.5 million shares per day over the past 30 days. Abbott has a market cap of $57.41 billion and is part of the health care sector and health services industry. Shares are up 11.9% year to date as of the close of trading on Tuesday.

Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Abbott as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full Abbott Ratings Report.

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