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NEW YORK ( TheStreet) -- The ex-dividend date for Sinclair Broadcast Group (Nasdaq: SBGI) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $12 as of 9:30 a.m. ET, the dividend yield is 4%. The average volume for Sinclair Broadcast Group has been 450,000 shares per day over the past 30 days. Sinclair Broadcast Group has a market cap of $672.1 million and is part of the services sector and media industry. Shares are up 5.7% year to date as of the close of trading on Friday. Sinclair Broadcast Group, Inc., a television broadcasting company, owns or provides certain programming, operating, or sales services to television stations in the United States. The company has a P/E ratio of 12.7, above the average media industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7.