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NEW YORK ( TheStreet) -- The ex-dividend date for Janus Capital Group (NYSE: JNS) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $6.70 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Janus Capital Group has been 6.3 million shares per day over the past 30 days. Janus Capital Group has a market cap of $1.3 billion and is part of the financial sector and financial services industry. Shares are down 49.9% year to date as of the close of trading on Tuesday. Janus Capital Group, Inc. is a publicly owned asset management holding company with approximately $167.7 billion in assets under management. It also provides retirement planning, investment planning, tax planning, investment for college, and tax planning services to its clients. The company has a P/E ratio of seven, below the average financial services industry P/E ratio of 7.2 and below the S&P 500 P/E ratio of 17.7.