NEW YORK ( TheStreet) -- The ex-dividend date for Total System Services (NYSE: TSS) is tomorrow, December 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $19.77 as of 9:40 a.m. ET, the dividend yield is 2%. The average volume for Total System Services has been 1.7 million shares per day over the past 30 days. Total System Services has a market cap of $3.96 billion and is part of the services sector and diversified services industry. Shares are up 31.3% year to date as of the close of trading on Friday. Total System Services, Inc. provides electronic payment processing and other services to card-issuing and merchant acquiring institutions. The company has a P/E ratio of 18.4, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Total System Services as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Total System Services Ratings Report. See our dividend calendar or top-yielding stocks list.