Owners of Covidien (NYSE: COV) shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $60.02 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for Covidien has been 2.3 million shares per day over the past 30 days. Covidien has a market cap of $28.5 billion and is part of the health services industry. Shares are up 7.3% year to date as of the close of trading on Friday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. Covidien plc develops, manufactures, and sells healthcare products for use in clinical and home settings worldwide. The company has a P/E ratio of 15.52. TheStreet Ratings rates Covidien as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Covidien Ratings Report now.