NEW YORK (

TheStreet

) -- The ex-dividend date for

Blackbaud

(Nasdaq:

BLKB

) is tomorrow, August 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 $22.23 as of 9:40 a.m. ET, the dividend yield is 2.1%.

The average volume for Blackbaud has been 181,400 shares per day over the past 30 days. Blackbaud has a market cap of $1 billion and is part of the

technology

sector and

computer software & services

industry. Shares are down 13.9% year to date as of the close of trading on Monday.

TheStreet Recommends

Blackbaud, Inc. provides software and related services for nonprofit organizations worldwide. The company has a P/E ratio of 29.8, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Blackbaud as a

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, good cash flow from operations and increase in stock price during the past year. 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

Blackbaud Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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