NEW YORK ( TheStreet) -- The ex-dividend date for Blackbaud (Nasdaq: BLKB) is tomorrow, May 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $26.75 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Blackbaud has been 213,000 shares per day over the past 30 days. Blackbaud has a market cap of $1.18 billion and is part of the technology sector and computer software & services industry. Shares are down 2.9% year to date as of the close of trading on Monday. Blackbaud, Inc. provides software and related services for nonprofit organizations. The company has a P/E ratio of 41, below the average computer software & services industry P/E ratio of 41.6 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter