NIC Inc. is an internet software company that helps state and local governments perform administrative duties via the internet. Some of the firm's services include online licensing, population data gathering, and administrative outsourcing. The company has an earnings yield of 3.6% and a cash yield of 5%, which is strong relative to other internet SaaS providers. The stock also has a 1.4% dividend and is expected to improve earnings over the NTM. The stock has experienced recent market overreactions and the price has not appreciated with the rest of the internet SaaS industry.