NEW YORK ( TheStreet) -- The ex-dividend date for Syntel (Nasdaq: SYNT) is tomorrow, September 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 $44.99 as of 9:31 a.m. ET, the dividend yield is 0.5%. The average volume for Syntel has been 215,900 shares per day over the past 30 days. Syntel has a market cap of $1.9 billion and is part of the technology sector and computer software & services industry. Shares are down 6.8% year to date as of the close of trading on Monday. 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 16.4, equal to the average computer software & services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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