Fidelity National Information Services Stock To Go Ex-dividend Tomorrow (FIS)

NEW YORK ( TheStreet) -- The ex-dividend date for Fidelity National Information Services (NYSE: FIS) is tomorrow, March 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $31.90 as of 9:30 a.m. ET, the dividend yield is 2.5%.

The average volume for Fidelity National Information Services has been two million shares per day over the past 30 days. Fidelity National Information Services has a market cap of $8.4 billion and is part of the services sector and diversified services industry. Shares are up 19.5% year to date as of the close of trading on Monday.

Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the NYCE Network. The company has a P/E ratio of 20.7, above the average diversified services industry P/E ratio of 18.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fidelity National Information Services 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, good cash flow from operations, growth in earnings per share and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Fidelity National Information Services Ratings Report.

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