NEW YORK ( TheStreet) -- The ex-dividend date for Reynolds American (NYSE: RAI) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 56 cents per share. At a price of $42.34 as of 9:30 a.m. ET, the dividend yield is 5.3%. The average volume for Reynolds American has been 2.9 million shares per day over the past 30 days. Reynolds American has a market cap of $23.15 billion and is part of the consumer goods sector and tobacco industry. Shares are up 2.4% year to date as of the close of trading on Monday. Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company has a P/E ratio of 17.5, equal to the average tobacco industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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