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NEW YORK ( TheStreet) -- The ex-dividend date for Alexander & Baldwin (NYSE: ALEX) is tomorrow, February 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $48.05 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for Alexander & Baldwin has been 253,000 shares per day over the past 30 days. Alexander & Baldwin has a market cap of $1.9 billion and is part of the services sector and transportation industry. Shares are up 18% year to date as of the close of trading on Friday. Alexander & Baldwin, Inc., together with its subsidiaries, operates in transportation, real estate, and agribusiness industries in the United States. The company has a P/E ratio of 33.5, below the average transportation industry P/E ratio of 36.5 and above the S&P 500 P/E ratio of 17.7.