NEW YORK ( TheStreet) -- The ex-dividend date for Gafisa (NYSE: GFA) is Monday, May 2, 2011. Owners of shares as of market close today will be eligible for a dividend of 27 cents per share. At a price of $12.39 as of 9:31 a.m. ET, the dividend yield is 2.2%. The average volume for Gafisa has been 2.9 million shares per day over the past 30 days. Gafisa has a market cap of $2.7 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 15.6% year to date as of the close of trading on Thursday. Gafisa S.A. operates as a homebuilder in Brazil. The company has a P/E ratio of 153.2, above the average materials & construction industry P/E ratio of 15.9 and above the S&P 500 P/E ratio of 17.
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