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NEW YORK ( TheStreet) -- The ex-dividend date for BlackRock (NYSE: BLK) is Monday, March 5, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.50 per share. At a price of $197.90 as of 9:35 a.m. ET, the dividend yield is 3%. The average volume for BlackRock has been 743,500 shares per day over the past 30 days. BlackRock has a market cap of $33.81 billion and is part of the financial sector and financial services industry. Shares are up 11.4% year to date as of the close of trading on Thursday. BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. The company has a P/E ratio of 16.1, above the average financial services industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.