Heartland Payment Systems Stock To Go Ex-dividend Tomorrow (HPY)
The ex-dividend date for Heartland Payment Systems (NYSE:HPY) is tomorrow, May 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $28.18 as of 9:30 a.m., the dividend yield is 0.8%.
NEW YORK ( TheStreet) -- The ex-dividend date for Heartland Payment Systems (NYSE: HPY) is tomorrow, May 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $28.18 as of 9:30 a.m. ET, the dividend yield is 0.8%. The average volume for Heartland Payment Systems has been 318,600 shares per day over the past 30 days. Heartland Payment Systems has a market cap of $1.12 billion and is part of the services sector and diversified services industry. Shares are up 18.9% year to date as of the close of trading on Friday. Heartland Payment Systems, Inc. provides bankcard payment processing services in the United States and Canada. The company has a P/E ratio of 23.6, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Heartland Payment Systems as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Heartland Payment Systems Ratings Report. See our dividend calendar or top-yielding stocks list.