NEW YORK ( TheStreet) -- The ex-dividend date for Syntel (Nasdaq: SYNT) is tomorrow, June 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $55.32 as of 9:30 a.m. ET, the dividend yield is 0.4%. The average volume for Syntel has been 147,500 shares per day over the past 30 days. Syntel has a market cap of $2.3 billion and is part of the technology sector and computer software & services industry. Shares are up 16.3% year to date as of the close of trading on Friday. Syntel, Inc. provides information technology (IT) and knowledge process outsourcing (KPO) services worldwide. It operates in four segments: Applications Outsourcing, KPO, e-Business, and TeamSourcing. The company has a P/E ratio of 20.2, below the average computer software & services industry P/E ratio of 20.3 and above the S&P 500 P/E ratio of 17.7.
- Practice your dividend trading strategies and win cash in our stock game.