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NEW YORK ( TheStreet) -- The ex-dividend date for Philippine Long Distance Telephone (NYSE: PHI) is tomorrow, August 26, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.37 per share. At a price of $57.30 as of 9:39 a.m. ET, the dividend yield is 4.6%. The average volume for Philippine Long Distance Telephone has been 101,700 shares per day over the past 30 days. Philippine Long Distance Telephone has a market cap of $10.9 billion and is part of the technology sector and telecommunications industry. Shares are down 1% year to date as of the close of trading on Wednesday. Philippine Long Distance Telephone Company provides telecommunication services in the Philippines. The company has a P/E ratio of 12, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.