NEW YORK ( TheStreet) -- The ex-dividend date for PetMed Express (Nasdaq: PETS) is tomorrow, November 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $9.88 as of 9:30 a.m. ET, the dividend yield is 5%. The average volume for PetMed Express has been 269,100 shares per day over the past 30 days. PetMed Express has a market cap of $201.1 million and is part of the health care sector and drugs industry. Shares are down 43.9% year to date as of the close of trading on Friday. PetMed Express, Inc., doing business as 1-800-PetMeds, operates a pet pharmacy in the United States. It markets non-prescription and prescription pet medications; and other health products for dogs and cats, as well as direct to consumers. The company has a P/E ratio of 12.6, above the average drugs industry P/E ratio of 12.5 and below the S&P 500 P/E ratio of 17.7.
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