NEW YORK ( TheStreet) -- The ex-dividend date for PetMed Express (Nasdaq: PETS) is tomorrow, May 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $13.01 as of 9:32 a.m. ET, the dividend yield is 3.8%. The average volume for PetMed Express has been 243,500 shares per day over the past 30 days. PetMed Express has a market cap of $295.9 million and is part of the health care sector and drugs industry. Shares are down 27.2% year to date as of the previous trading day's close. PetMed Express, Inc., doing business as 1-800-PetMeds, markets non-prescription and prescription pet medications; and other health products for dogs, cats, and horses. The company has a P/E ratio of 14.3, above the average drugs industry P/E ratio of 13.1 and below the S&P 500 P/E ratio of 17.7.
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