The ex-dividend date for Allergan (NYSE:AGN) is tomorrow, May 21, 2013. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $101.05 as of 9:30 a.m., the dividend yield is 0.2%.
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 Allergan (NYSE: AGN) is tomorrow, May 21, 2013. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $101.05 as of 9:30 a.m. ET, the dividend yield is 0.2%. The average volume for Allergan has been 1.7 million shares per day over the past 30 days. Allergan has a market cap of $29.76 billion and is part of the health care sector and drugs industry. Shares are up 10.6% year to date as of the close of trading on Friday. Allergan, Inc. operates as a multi-specialty healthcare company primarily in the United States, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Allergan as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Allergan Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.