Pegasystems Stock To Go Ex-dividend Tomorrow (PEGA)

NEW YORK ( TheStreet) -- The ex-dividend date for Pegasystems (Nasdaq: PEGA) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $38.06 as of 9:30 a.m. ET, the dividend yield is 0.3%.

The average volume for Pegasystems has been 333,300 shares per day over the past 30 days. Pegasystems has a market cap of $1.06 billion and is part of the technology sector and computer software & services industry. Shares are up 28.9% year to date as of the close of trading on Tuesday.

Pegasystems Inc. develops, markets, licenses, and supports software to automate business processes primarily in the United States, the United Kingdom, and rest of Europe. The company has a P/E ratio of 147.7, below the average computer software & services industry P/E ratio of 156.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Pegasystems as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Pegasystems Ratings Report.

See our dividend calendar or top-yielding stocks list.
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