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NEW YORK ( TheStreet) -- The ex-dividend date for Dime Community (Nasdaq: DCOM) is tomorrow, November 3, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $11.27 as of 9:30 a.m. ET, the dividend yield is 4.7%. The average volume for Dime Community has been 174,600 shares per day over the past 30 days. Dime Community has a market cap of $417.2 million and is part of the financial sector and banking industry. Shares are down 24.8% year to date as of the close of trading on Tuesday. Dime Community Bancshares, Inc. operates as the holding company for The Dime Savings Bank of Williamsburgh that provides financial services and loans primarily for multifamily housing. The company has a P/E ratio of nine, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.