NEW YORK ( TheStreet) -- The ex-dividend date for Companhia Brasiliera de Distribuicao (NYSE: CBD) is tomorrow, April one, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $41 as of 9:35 a.m. ET, the dividend yield is 0.6%. The average volume for Companhia Brasiliera de Distribuicao has been 559,300 shares per day over the past 30 days. Companhia Brasiliera de Distribuicao has a market cap of $10.4 billion and is part of the services sector and retail industry. Shares are down 3% year to date as of the close of trading on Wednesday. Companhia Brasileira de Distribuicao operates as a retailer of food, clothing, home appliances, and other products through its chain of hypermarkets, supermarkets, and specialized and department stores primarily in Brazil. The company has a P/E ratio of 48.5, above the average retail industry P/E ratio of 23.6 and above the S&P 500 P/E ratio of 16.2.
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