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NEW YORK ( TheStreet) -- The ex-dividend date for Ship Finance International (NYSE: SFL) is tomorrow, June 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 39 cents per share. At a price of $18.94 as of 9:31 a.m. ET, the dividend yield is 8.3%. The average volume for Ship Finance International has been 319,800 shares per day over the past 30 days. Ship Finance International has a market cap of $1.5 billion and is part of the services sector and transportation industry. Shares are down 12.4% year to date as of the close of trading on Friday. Ship Finance International Limited, through its subsidiaries, engages in the ownership and operation of vessels and offshore related assets in Bermuda, Cyprus, Malta, Liberia, Norway, the United States, Singapore, the United Kingdom, and the Marshall Islands. The company has a P/E ratio of 8.9, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7.