Intuit Stock To Go Ex-dividend Tomorrow (INTU)

NEW YORK ( TheStreet) -- The ex-dividend date for Intuit (Nasdaq: INTU) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $45.21 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Intuit has been four million shares per day over the past 30 days. Intuit has a market cap of $14.3 billion and is part of the technology sector and computer software & services industry. Shares are down 7% year to date as of the close of trading on Monday.

Intuit Inc. provides business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, India, Singapore, and the United Kingdom. The company has a P/E ratio of 23.7, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Intuit Ratings Report.

See our dividend calendar or top-yielding stocks list.

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