NEW YORK ( TheStreet) -- The ex-dividend date for Life Partners Holdings (Nasdaq: LPHI) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $4.45 as of 9:30 a.m. ET, the dividend yield is 9.4%. The average volume for Life has been 165,000 shares per day over the past 30 days. Life has a market cap of $85.4 million and is part of the financial sector and insurance industry. Shares are down 34.4% year to date as of the close of trading on Monday. Life Partners Holdings, Inc., through its subsidiary, Life Partners, Inc., operates in the secondary market for life insurance in the United States. The company facilitates the sale of life settlements between sellers and purchasers. The company has a P/E ratio of 84.8, above the S&P 500 P/E ratio of 17.7.
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