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NEW YORK ( TheStreet) -- The ex-dividend date for T. Rowe Price Group (Nasdaq: TROW) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $56.88 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for T. Rowe Price Group has been 2.8 million shares per day over the past 30 days. T. Rowe Price Group has a market cap of $14.61 billion and is part of the financial sector and financial services industry. Shares are down 11.7% year to date as of the close of trading on Thursday. T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. The company has a P/E ratio of 20.3, above the average financial services industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7.