Global Payments Stock To Go Ex-dividend Tomorrow (GPN)

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 Global Payments (NYSE: GPN) is tomorrow, November 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 2 cents per share. At a price of $41.63 as of 9:30 a.m. ET, the dividend yield is 0.2%.

The average volume for Global Payments has been 933,000 shares per day over the past 30 days. Global Payments has a market cap of $3.27 billion and is part of the services sector and diversified services industry. Shares are down 11.8% year to date as of the close of trading on Monday.

Global Payments Inc. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Global Payments 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Global Payments Ratings Report.

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