NEW YORK ( TheStreet) -- The ex-dividend date for Total System Services (NYSE: TSS) is tomorrow, March 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $22.80 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Total System Services has been 1.3 million shares per day over the past 30 days. Total System Services has a market cap of $4.22 billion and is part of the services sector and diversified services industry. Shares are up 16.7% 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 19.7, above the average diversified services industry P/E ratio of 19.6 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. 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 Total System Services Ratings Report.

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