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NEW YORK ( TheStreet) -- The ex-dividend date for FedEx Corporation (NYSE: FDX) is tomorrow, December 9, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $83.25 as of 9:35 a.m. ET, the dividend yield is 0.6%. The average volume for FedEx has been 2.9 million shares per day over the past 30 days. FedEx has a market cap of $26.22 billion and is part of the services sector and transportation industry. Shares are down 9.5% year to date as of the close of trading on Wednesday. FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The company has a P/E ratio of 17.1, equal to the average transportation industry P/E ratio and below the S&P 500 P/E ratio of 17.7.