NEW YORK (TheStreet) — The ex-dividend date for Yamana Gold (NYSE:AUY) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of three cents per share. At a price of $12.10 as of 9:31 a.m. ET, the dividend yield is 0.9%.
The average volume for Yamana has been 7.9 million shares per day over the past 30 days. Yamana has a market cap of $9.4 billion and is part of the basic materials sector and metals & mining industry. Shares are down 3.8% year to date as of the close of trading on Friday.
Yamana Gold Inc. engages in the acquisition, exploration, development, and operation of gold properties. The company also focuses on copper and silver projects. The company has a P/E ratio of 21.4, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
