NEW YORK ( TheStreet) -- The ex-dividend date for Validus Holdings (NYSE: VR) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $30.72 as of 9:30 a.m. ET, the dividend yield is 3.3%. The average volume for Validus has been 1.2 million shares per day over the past 30 days. Validus has a market cap of $3.07 billion and is part of the financial sector and insurance industry. Shares are down 2.1% year to date as of the close of trading on Friday. Validus Holdings, Ltd., through its subsidiaries, provides reinsurance and insurance coverage in the property, marine, and specialty lines markets worldwide. The company has a P/E ratio of 215.5, above the average insurance industry P/E ratio of 42.5 and above the S&P 500 P/E ratio of 17.7.
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