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NEW YORK ( TheStreet) -- The ex-dividend date for Knight Transportation (NYSE: KNX) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $17.32 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Knight Transportation has been 598,700 shares per day over the past 30 days. Knight Transportation has a market cap of $1.28 billion and is part of the services sector and transportation industry. Shares are up 11% year to date as of the close of trading on Monday. Knight Transportation, Inc., together with its subsidiaries, operates as a short to medium-haul truckload carrier of general commodities in the United States. The company has a P/E ratio of 23.6, above the average transportation industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 17.7.