The ex-dividend date for Intuit (Nasdaq:INTU) is tomorrow, October 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $60.76 as of 10 a.m., the dividend yield is 1.1%.
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 Intuit (Nasdaq: INTU) is tomorrow, October 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $60.76 as of 10 a.m. ET, the dividend yield is 1.1%. The average volume for Intuit has been two million shares per day over the past 30 days. Intuit has a market cap of $17.68 billion and is part of the technology sector and computer software & services industry. Shares are up 13.8% year to date as of the close of trading on Wednesday. Intuit Inc. provides business and financial management solutions for small businesses, consumers, accounting professionals, and financial institutions primarily in the United States, Canada, the United Kingdom, India, and Singapore. The company has a P/E ratio of 23.8, above the average computer software & services industry P/E ratio of 23 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Intuit as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income 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 Intuit Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.