NEW YORK ( TheStreet) -- The ex-dividend date for The Jones Group Inc (NYSE: JNY) 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 $12.18 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for The Jones Group has been 2.6 million shares per day over the past 30 days. The Jones Group has a market cap of $1 billion and is part of the services sector and retail industry. Shares are down 21% year to date as of the close of trading on Friday. The Jones Group Inc. engages in the design, marketing, and wholesale of apparel, footwear, and accessories in the United States and Canada. The company has a P/E ratio of 35.8, above the average retail industry P/E ratio of 31.4 and above the S&P 500 P/E ratio of 17.7.
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