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NEW YORK ( TheStreet) -- The ex-dividend date for United Bankshares (Nasdaq: UBSI) is tomorrow, September 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $19.91 as of 9:30 a.m. ET, the dividend yield is 5.8%. The average volume for United has been 261,900 shares per day over the past 30 days. United has a market cap of $1 billion and is part of the financial sector and banking industry. Shares are down 29.3% year to date as of the close of trading on Friday. United Bankshares, Inc., through its subsidiaries, provides commercial and retail banking services and products in the United States. The company has a P/E ratio of 12.5, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.