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NEW YORK ( TheStreet) -- The ex-dividend date for Lennar Corporation (NYSE: LEN) is Monday, October 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $15.39 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for Lennar has been 5.1 million shares per day over the past 30 days. Lennar has a market cap of $2.4 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 19.1% year to date as of the close of trading on Thursday. Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. The company has a P/E ratio of 30.6, below the average materials & construction industry P/E ratio of 31.2 and above the S&P 500 P/E ratio of 17.7.