NEW YORK (

TheStreet

) -- The ex-dividend date for

Blackbaud

(Nasdaq:

BLKB

) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $25.99 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Blackbaud has been 159,000 shares per day over the past 30 days. Blackbaud has a market cap of $1.2 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 1% year to date as of the close of trading on Tuesday.

Blackbaud, Inc. provides software and related services for nonprofit organizations worldwide. The company has a P/E ratio of 28.6, below the average computer software & services industry P/E ratio of 39.2 and above the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Blackbaud as buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Blackbaud Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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