NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 25, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $62.20 as of 9:31 a.m. ET, the dividend yield is 1%.
The average volume for Infosys has been 1.8 million shares per day over the past 30 days. Infosys has a market cap of $36.1 billion and is part of the
industry. Shares are down 17.8% year to date as of the close of trading on Monday.
Infosys Technologies Limited provides information technology (IT) and consulting services worldwide. The company has a P/E ratio of 24, 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 Infosys as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full