Convergys Stock To Go Ex-dividend Tomorrow (CVG)

NEW YORK ( TheStreet) -- The ex-dividend date for Convergys Corporation (NYSE: CVG) is tomorrow, June 20, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $14.44 as of 9:30 a.m. ET, the dividend yield is 1.4%.

The average volume for Convergys has been 939,000 shares per day over the past 30 days. Convergys has a market cap of $1.66 billion and is part of the technology sector and computer software & services industry. Shares are up 11.5% year to date as of the close of trading on Monday.

Convergys Corporation provides relationship management solutions in North America and internationally. The company has a P/E ratio of 5.4, above the average computer software & services industry P/E ratio of 5.3 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Convergys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Convergys Ratings Report.

See our dividend calendar or top-yielding stocks list.
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