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NEW YORK ( TheStreet) -- The ex-dividend date for Weingarten Realty Investors (NYSE: WRI) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $24.09 as of 9:30 a.m. ET, the dividend yield is 4.7%. The average volume for Weingarten Realty Investors has been 1.1 million shares per day over the past 30 days. Weingarten Realty Investors has a market cap of $2.8 billion and is part of the financial sector and real estate industry. Shares are up 2% year to date as of the close of trading on Monday. Weingarten Realty Investors operates as a real estate investment trust (REIT). The company engages in the management, acquisition, and development of real estate. It operates in two segments, Shopping Center and Industrial. The company has a P/E ratio of 333.7, below the average real estate industry P/E ratio of 467.2 and above the S&P 500 P/E ratio of 17.7.