NEW YORK ( TheStreet) -- The ex-dividend date for Laclede Group (NYSE: LG) is tomorrow, December 8, 2011. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $40.69 as of 9:30 a.m. ET, the dividend yield is 4.1%. The average volume for Laclede Group has been 127,800 shares per day over the past 30 days. Laclede Group has a market cap of $904.8 million and is part of the utilities sector and utilities industry. Shares are up 11.1% year to date as of the close of trading on Tuesday. The Laclede Group, Inc., through its subsidiaries, engages in the retail distribution, sale, and marketing of natural gas. It serves approximately 630,000 residential, commercial, and industrial customers in St. Louis and surrounding counties in eastern Missouri. The company has a P/E ratio of 14.1, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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