Fidelity National Information Services Stock To Go Ex-dividend Tomorrow (FIS)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Fidelity National Information Services (NYSE: FIS) is tomorrow, September 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $32.39 as of 9:30 a.m. ET, the dividend yield is 2.4%.

The average volume for Fidelity National Information Services has been 1.7 million shares per day over the past 30 days. Fidelity National Information Services has a market cap of $9.63 billion and is part of the services sector and diversified services industry. Shares are up 22.9% year to date as of the close of trading on Monday.

Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the NYCE Network. The company has a P/E ratio of 19.8, below the average diversified services industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fidelity National Information Services 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Fidelity National Information Services Ratings Report.

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