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NEW YORK ( TheStreet) -- The ex-dividend date for Cisco Systems Inc (Nasdaq: CSCO) is tomorrow, October 4, 2011. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $15.30 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for Cisco Systems has been 71.1 million shares per day over the past 30 days. Cisco Systems has a market cap of $85.3 billion and is part of the technology sector and computer hardware industry. Shares are down 23.4% year to date as of the close of trading on Friday. Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology industry worldwide. The company has a P/E ratio of 13.5, equal to the average computer hardware industry P/E ratio and below the S&P 500 P/E ratio of 17.7.