The ex-dividend date for McKesson (NYSE:MCK) is tomorrow, June 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $112.51 as of 9:31 a.m., the dividend yield is 0.7%.
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 McKesson (NYSE: MCK) is tomorrow, June 5, 2013. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $112.51 as of 9:31 a.m. ET, the dividend yield is 0.7%. The average volume for McKesson has been 1.3 million shares per day over the past 30 days. McKesson has a market cap of $25.8 billion and is part of the services sector and wholesale industry. Shares are up 17.4% year to date as of the close of trading on Monday. McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full McKesson Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..