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NEW YORK ( TheStreet) -- The ex-dividend date for Susquehanna Bancshares Inc (Nasdaq: SUSQ) is tomorrow, October 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 3 cents per share. At a price of $6.77 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for Susquehanna has been 1.7 million shares per day over the past 30 days. Susquehanna has a market cap of $822 million and is part of the financial sector and banking industry. Shares are down 31.7% year to date as of the close of trading on Wednesday. Susquehanna Bancshares, Inc., through its subsidiaries, provides retail and commercial banking, and financial services in the mid-Atlantic region. The company has a P/E ratio of 23.4, above the average banking industry P/E ratio of 22.6 and above the S&P 500 P/E ratio of 17.7.