NEW YORK (

TheStreet

) -- The ex-dividend date for

Pegasystems

(Nasdaq:

PEGA

) is tomorrow, September 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $35.48 as of 9:30 a.m. ET, the dividend yield is 0.3%.

The average volume for Pegasystems has been 297,800 shares per day over the past 30 days. Pegasystems has a market cap of $1.3 billion and is part of the

technology

sector and

computer software & services

industry. Shares are down 4.4% year to date as of the close of trading on Tuesday.

Pegasystems Inc. develops, markets, licenses, and supports software to automate business processes primarily in the United States, the United Kingdom, and Europe. The company has a P/E ratio of 249.6, below the average computer software & services industry P/E ratio of 268.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Pegasystems as a

hold

. 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 and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. You can view the full

Pegasystems Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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