NEW YORK ( TheStreet) -- The ex-dividend date for Lan Airlines (NYSE: LFL) is tomorrow, January 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $23.76 as of 9:35 a.m. ET, the dividend yield is 1.2%. The average volume for Lan Airlines has been 387,500 shares per day over the past 30 days. Lan Airlines has a market cap of $7.89 billion and is part of the services sector and transportation industry. Shares are up 1.9% year to date as of the close of trading on Tuesday. Lan Airlines S.A., together with its subsidiaries, provides passenger and cargo air transportation services. The company offers air cargo transportation services to other international air carriers, freight-forwarding companies, export oriented companies, and individual consumers. The company has a P/E ratio of 18.7, below the average transportation industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7.
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