NEW YORK ( TheStreet) -- The ex-dividend date for Computer Programs and Systems (Nasdaq: CPSI) is tomorrow, February 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $61 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Computer Programs and Systems has been 143,300 shares per day over the past 30 days. Computer Programs and Systems has a market cap of $566.1 million and is part of the technology sector and computer software & services industry. Shares are up 19.7% 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 25.6, above the average computer software & services industry P/E ratio of 21.7 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Computer Programs and Systems as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Computer Programs and Systems Ratings Report. See our dividend calendar or top-yielding stocks list.