NEW YORK (

TheStreet

) -- The ex-dividend date for

Sap

(NYSE:

SAP

) is Monday, May 23, 2011. Owners of shares as of market close today will be eligible for a dividend of 58 cents per share. At a price of $62.46 as of 9:32 a.m. ET, the dividend yield is 1.6%.

The average volume for Sap has been 1.5 million shares per day over the past 30 days. Sap has a market cap of $77.1 billion and is part of the

technology

sector and

computer software & services

industry. Shares are up 25.1% year to date as of the close of trading on Thursday.

SAP AG provides business software primarily in Europe, the Middle East, Africa, the Americas, and the Asia Pacific Japan region. The company has a P/E ratio of 31.1, below the average computer software & services industry P/E ratio of 31.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Sap as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Sap Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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