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NEW YORK ( TheStreet) -- The ex-dividend date for Hot Topic (Nasdaq: HOTT) is tomorrow, October 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.91 as of 9:30 a.m. ET, the dividend yield is 3.4%. The average volume for Hot Topic has been 746,800 shares per day over the past 30 days. Hot Topic has a market cap of $370.5 million and is part of the services sector and retail industry. Shares are up 31.2% year to date as of the close of trading on Tuesday. Hot Topic, Inc., together with its subsidiaries, operates as a mall- and Web-based specialty retailer in the United States. The company operates Hot Topic and Torrid store concepts, as well as an e-space music discovery concept, ShockHound.