NEW YORK ( TheStreet) -- The ex-dividend date for CTC Media (Nasdaq: CTCM) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $9.55 as of 9:39 a.m. ET, the dividend yield is 9.6%. The average volume for CTC Media has been 643,400 shares per day over the past 30 days. CTC Media has a market cap of $1.46 billion and is part of the services sector and media industry. Shares are down 60.9% year to date as of the close of trading on Friday. CTC Media, Inc. operates as an independent broadcasting company in Russia. It owns and operates the CTC, Domashny, and DTV television networks in Russia. The company has a P/E ratio of 10.1, above the average media industry P/E ratio of 9.7 and below the S&P 500 P/E ratio of 17.7.
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