NEW YORK ( TheStreet) -- The ex-dividend date for Platinum Underwriters Holdings (NYSE: PTP) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $29.46 as of 9:34 a.m. ET, the dividend yield is 1.1%. The average volume for Platinum Underwriters has been 355,300 shares per day over the past 30 days. Platinum Underwriters has a market cap of $1.1 billion and is part of the financial sector and insurance industry. Shares are down 35.6% year to date as of the close of trading on Friday. Platinum Underwriters Holdings, Ltd., through its subsidiaries, provides property and marine, casualty, and finite risk reinsurance products worldwide.
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