Solera Stock To Go Ex-dividend Tomorrow (SLH)

NEW YORK ( TheStreet) -- The ex-dividend date for Solera Holdings (NYSE: SLH) is tomorrow, May 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $45.09 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for Solera has been 416,700 shares per day over the past 30 days. Solera has a market cap of $3.17 billion and is part of the technology sector and computer software & services industry. Shares are up 2.3% year to date as of the close of trading on Wednesday. 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 31.4, equal to the average computer software & services industry P/E ratio 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 revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Solera Ratings Report. See our dividend calendar or top-yielding stocks list.