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NEW YORK ( TheStreet) -- The ex-dividend date for Enerplus (NYSE: ERF) is tomorrow, October 6, 2011. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $23.37 as of 9:30 a.m. ET, the dividend yield is 9.1%. The average volume for Enerplus has been 1.1 million shares per day over the past 30 days. Enerplus has a market cap of $4.1 billion and is part of the basic materials sector and energy industry. Shares are unchanged year to date as of the close of trading on Tuesday. Enerplus Corporation operates as an independent oil and gas producer. The company has a P/E ratio of 7.3, below the average energy industry P/E ratio of 12.7 and below the S&P 500 P/E ratio of 17.7.