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NEW YORK ( TheStreet) -- The ex-dividend date for Eagle Rock Energy Partners (Nasdaq: EROC) is tomorrow, February 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $11.27 as of 9:30 a.m. ET, the dividend yield is 7.5%. The average volume for Eagle Rock Energy has been 363,100 shares per day over the past 30 days. Eagle Rock Energy has a market cap of $1.46 billion and is part of the basic materials sector and energy industry. Shares are down 3.8% year to date as of the close of trading on Wednesday. Eagle Rock Energy Partners, L.P., together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, and marketing natural gas and condensate, as well as in fractionating and transporting natural gas liquids (NGL). The company has a P/E ratio of 46.4, above the S&P 500 P/E ratio of 17.7.