Lender Processing Services Stock To Go Ex-dividend Tomorrow (LPS)

NEW YORK ( TheStreet) -- The ex-dividend date for Lender Processing Services (NYSE: LPS) is tomorrow, June 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $22.31 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for Lender Processing Services has been one million shares per day over the past 30 days. Lender Processing Services has a market cap of $1.95 billion and is part of the services sector and diversified services industry. Shares are up 53.2% year to date as of the close of trading on Friday.

Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. The company has a P/E ratio of 14.6, below the average diversified services industry P/E ratio of 22 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lender Processing Services as a buy. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lender Processing Services Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Hormel's Jennie-O Recalls 91,388 Pounds of Turkey on Salmonella Fears

Hormel's Jennie-O Recalls 91,388 Pounds of Turkey on Salmonella Fears

Pfizer Plans Price Hikes for 41 Drugs Next Year

Pfizer Plans Price Hikes for 41 Drugs Next Year

Nvidia Shares Tank as Analysts Cut Price Targets

Nvidia Shares Tank as Analysts Cut Price Targets

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Homebuilder Stocks Rebound From Dip on Rate Hike Expectations

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls

Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls