NEW YORK ( TheStreet) -- The ex-dividend date for Ecopetrol (NYSE: EC) is tomorrow, October 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 53 cents per share. At a price of $40.33 as of 9:30 a.m. ET, the dividend yield is 4.9%. The average volume for Ecopetrol has been 472,700 shares per day over the past 30 days. Ecopetrol has a market cap of $79.8 billion and is part of the basic materials sector and energy industry. Shares are down 7.6% year to date as of the close of trading on Wednesday. Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 10.9, below the average energy industry P/E ratio of 18.8 and below the S&P 500 P/E ratio of 17.7.
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