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NEW YORK ( TheStreet) -- The ex-dividend date for United Bankshares (Nasdaq: UBSI) is tomorrow, December 7, 2011. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $27.87 as of 9:30 a.m. ET, the dividend yield is 4.4%. The average volume for United has been 355,400 shares per day over the past 30 days. United has a market cap of $1.4 billion and is part of the financial sector and banking industry. Shares are down 3.3% year to date as of the close of trading on Monday. United Bankshares, Inc., through its subsidiaries, provides commercial and retail banking services and products in the United States. The company has a P/E ratio of 16.9, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.