McKesson Stock To Go Ex-dividend Tomorrow (MCK)

NEW YORK ( TheStreet) -- The ex-dividend date for McKesson (NYSE: MCK) is tomorrow, February 27, 2014. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $176.74 as of 9:50 a.m. ET, the dividend yield is 0.5%.

The average volume for McKesson has been 1.9 million shares per day over the past 30 days. McKesson has a market cap of $40.58 billion and is part of the services sector and wholesale industry. Shares are up 9.5% year to date as of the close of trading on Tuesday.

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.

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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, revenue growth, 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.

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