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NEW YORK ( TheStreet) -- The ex-dividend date for BGC Partners (Nasdaq: BGCP) is Monday, March 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $7.85 as of 9:30 a.m. ET, the dividend yield is 8.8%. The average volume for BGC has been 879,400 shares per day over the past 30 days. BGC has a market cap of $607.9 million and is part of the financial sector and financial services industry. Shares are up 30.8% year to date as of the close of trading on Thursday. BGC Partners, Inc. operates as a financial intermediary to the financial markets specializing in the brokering of various financial products. The company has a P/E ratio of 27.8, above the average financial services industry P/E ratio of 22.2 and above the S&P 500 P/E ratio of 17.7.