NEW YORK ( TheStreet) -- The ex-dividend date for BBVA Banco Frances (NYSE: BFR) is tomorrow, April 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 72 cents per share. At a price of $11.59 as of 9:30 a.m. ET, the dividend yield is 12.3%. The average volume for BBVA Banco Frances has been 202,100 shares per day over the past 30 days. BBVA Banco Frances has a market cap of $2 billion and is part of the financial sector and banking industry. Shares are down 2.6% year to date as of the close of trading on Monday. BBVA Banco Frances S.A., together with its subsidiaries, provides financial services to large corporations, medium and small companies, and individuals in the Republic of Argentina. The company has a P/E ratio of 3.2, below the average banking industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 16.5.
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