The ex-dividend date for Sap (NYSE:SAP) is tomorrow, May 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 80 cents per share. At a price of $76.29 as of 9:30 a.m., the dividend yield is 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 Sap (NYSE: SAP) is tomorrow, May 31, 2013. Owners of shares as of market close today will be eligible for a dividend of 80 cents per share. At a price of $76.29 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for Sap has been 1.3 million shares per day over the past 30 days. Sap has a market cap of $91.83 billion and is part of the technology sector and computer software & services industry. Shares are down 4.2% year to date as of the close of trading on Wednesday. SAP AG provides enterprise application software and software-related services worldwide. It offers products in applications, analytics, cloud, mobile, and database and technology categories. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sap as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Sap Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.