Intuit Stock To Go Ex-dividend Tomorrow (INTU)

NEW YORK (TheStreet) -- The ex-dividend date for Intuit (Nasdaq:INTU) is tomorrow, April 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $59.81 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Intuit has been two million shares per day over the past 30 days. Intuit has a market cap of $17.04 billion and is part of the technology sector and computer software & services industry. Shares are up 14.7% year to date as of the close of trading on Tuesday.

Intuit Inc. provides business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, India, Singapore, and the United Kingdom. The company has a P/E ratio of 27.9, above the average computer software & services industry P/E ratio of 25.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Intuit Ratings Report.

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