NEW YORK ( TheStreet) -- The ex-dividend date for Capital Product Partners (Nasdaq: CPLP) is tomorrow, November 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $7.07 as of 9:30 a.m. ET, the dividend yield is 13.3%. The average volume for Capital Product has been 260,300 shares per day over the past 30 days. Capital Product has a market cap of $490.5 million and is part of the services sector and transportation industry. Shares are down 29% year to date as of the close of trading on Tuesday. Capital Product Partners L.P., a shipping company, provides seaborne transportation of refined oil products and chemicals. It provides marine transportation services under medium- to long-term time charters or bareboat charters. The company has a P/E ratio of 12.3, above the average transportation industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.
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