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NEW YORK ( TheStreet) -- The ex-dividend date for Group I Automotive (NYSE: GPI) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $50.87 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Group I Automotive has been 307,000 shares per day over the past 30 days. Group I Automotive has a market cap of $1.23 billion and is part of the services sector and specialty retail industry. Shares are down 1.1% year to date as of the close of trading on Friday. Group one Automotive, Inc., through its subsidiaries, engages in the marketing and sale of automotive products and services. It sells new and used cars, light trucks, and vehicle parts. The company has a P/E ratio of 15, below the average specialty retail industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7.