NEW YORK ( TheStreet) -- The ex-dividend date for ITC Holdings (NYSE: ITC) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $75.18 as of 9:35 a.m. ET, the dividend yield is 1.9%. The average volume for ITC has been 332,000 shares per day over the past 30 days. ITC has a market cap of $3.71 billion and is part of the utilities sector and utilities industry. Shares are down 0.9% year to date as of the close of trading on Friday. ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company has a P/E ratio of 22.8, above the average utilities industry P/E ratio of 22.6 and above the S&P 500 P/E ratio of 17.7.
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