NEW YORK ( TheStreet) -- The ex-dividend date for Berry Petroleum (NYSE: BRY) is tomorrow, December 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $41.24 as of 9:30 a.m. ET, the dividend yield is 0.7%. The average volume for Berry has been 927,800 shares per day over the past 30 days. Berry has a market cap of $2.28 billion and is part of the basic materials sector and energy industry. Shares are down 5% year to date as of the close of trading on Wednesday. Berry Petroleum Company, an independent energy company, engages in the acquisition, exploitation, exploration, production, and development of crude oil and natural gas in the United States. Its properties are located in California, Texas, Utah, and Colorado. The company has a P/E ratio of 93.6, above the average energy industry P/E ratio of 13.2 and above the S&P 500 P/E ratio of 17.7.
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