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NEW YORK ( TheStreet) -- The ex-dividend date for East West Bancorp Inc (Nasdaq: EWBC) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $19.68 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for East West has been 1.7 million shares per day over the past 30 days. East West has a market cap of $3 billion and is part of the financial sector and banking industry. Shares are up 2.7% year to date as of the close of trading on Friday. East West Bancorp, Inc. operates as the holding company for East West Bank, which provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in California. The company has a P/E ratio of 14.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.