NEW YORK ( TheStreet) -- The ex-dividend date for Computer Programs and Systems (Nasdaq: CPSI) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 36 cents per share. At a price of $51.66 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for Computer Programs and Systems has been 122,900 shares per day over the past 30 days. Computer Programs and Systems has a market cap of $565.9 million and is part of the technology sector and computer software & services industry. Shares are up 9.2% year to date as of the close of trading on Friday. Computer Programs and Systems, Inc., a healthcare information technology company, designs, develops, markets, installs, and supports computerized information technology systems to small and midsize hospitals in the United States. The company has a P/E ratio of 21.7, 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 Computer Programs and Systems 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, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Computer Programs and Systems Ratings Report. See our dividend calendar or top-yielding stocks list.