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NEW YORK ( TheStreet) -- The ex-dividend date for Peabody Energy Corporation (NYSE: BTU) is tomorrow, November 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $45 as of 10:05 a.m. ET, the dividend yield is 0.8%. The average volume for Peabody Energy has been 6.8 million shares per day over the past 30 days. Peabody Energy has a market cap of $10.7 billion and is part of the basic materials sector and metals & mining industry. Shares are down 28.3% year to date as of the close of trading on Friday. Peabody Energy Corporation, through its subsidiaries, engages in the exploration, mining, and production of coal. The company mines and sells thermal coal to electric utilities and metallurgical coal to industrial customers. The company has a P/E ratio of 12.5, above the average metals & mining industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.