Ebix Stock To Go Ex-dividend Monday (EBIX)

NEW YORK ( TheStreet) -- The ex-dividend date for Ebix (Nasdaq: EBIX) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $25.78 as of 9:30 a.m. ET, the dividend yield is 0.6%.

The average volume for Ebix has been 506,900 shares per day over the past 30 days. Ebix has a market cap of $875.3 million and is part of the technology sector and computer software & services industry. Shares are up 17.6% year to date as of the close of trading on Thursday.

Ebix, Inc. provides on-demand software and e-commerce solutions to the insurance industry. The company has a P/E ratio of 15.1, above the average computer software & services industry P/E ratio of 14 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Ebix as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Ebix Ratings Report.

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