Solera Stock To Go Ex-dividend Tomorrow (SLH)

NEW YORK ( TheStreet) -- The ex-dividend date for Solera Holdings (NYSE: SLH) is tomorrow, February 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $49.49 as of 9:34 a.m. ET, the dividend yield is 0.8%.

The average volume for Solera has been 454,900 shares per day over the past 30 days. Solera has a market cap of $3.37 billion and is part of the technology sector and computer software & services industry. Shares are up 10.7% year to date as of the close of trading on Tuesday.

Solera Holdings, Inc., together with its subsidiaries, provides software and services to the automobile insurance claims processing industry. The company has a P/E ratio of 22.2, above the average computer software & services industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Solera as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations 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 Solera Ratings Report.

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