Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Dow Jones Industrial Average ( ^DJI) is trading up 113 points (+0.8%) at 15,176 as of Tuesday, Sep 10, 2013, 10:35 a.m. ET. During this time, 148.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 523.6 million. The NYSE advances/declines ratio sits at 1,956 issues advancing vs. 860 declining with 119 unchanged.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Wednesday, September 11, 2013 is the ex-dividend date for Dow component UnitedHealth Group (NYSE: UNH). Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $74.32 as of 10:35 a.m. ET, the dividend yield is 1.5% compared to the average Dow component yield of 2.7%.
The average volume for UnitedHealth Group has been 4.4 million shares per day over the past 30 days. UnitedHealth Group has a market cap of $75.3 billion and is part of the health care sector and health services industry. Shares are up 36.5% year to date as of Monday's close. UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company has a P/E ratio of 14.1, equal to the average health services industry P/E ratio.
Practice your dividend trading strategies and win cash in our stock game.
TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, 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 shows weak operating cash flow.