NEW YORK (

TheStreet

) -- The ex-dividend date for

Lender Processing Services

(NYSE:

LPS

) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $16.42 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for Lender Processing Services has been 1.8 million shares per day over the past 30 days. Lender Processing Services has a market cap of $1.3 billion and is part of the

services

sector and

diversified services

industry. Shares are down 45.2% year to date as of the close of trading on Friday.

Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. The company operates through two segments, Technology, Data, and Analytics; and Loan Transaction Services. The company has a P/E ratio of 5.8, below the average diversified services industry P/E ratio of 6.2 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Lender Processing Services as a

hold

. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity. You can view the full

Lender Processing Services Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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