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NEW YORK ( TheStreet) -- The ex-dividend date for Telecom Italia SPA (NYSE: TI.A) is Monday, April 18, 2011. Owners of shares as of market close today will be eligible for a dividend of 85 cents per share. At a price of $13.57 as of 9:30 a.m. ET, the dividend yield is 11.1%. The average volume for Telecom Italia SPA has been 169,100 shares per day over the past 30 days. Telecom Italia SPA has a market cap of $26.1 billion and is part of the technology sector and telecommunications industry. Shares are up 25.8% year to date as of the close of trading on Thursday. Telecom Italia S.p.A., together with its subsidiaries, provides fixed-line and mobile telecommunications, Internet, and media services. The company also operates in office and system solutions. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 16.4.