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NEW YORK ( TheStreet) -- The ex-dividend date for Extra Space Storage (NYSE: EXR) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $26.36 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Extra Space has been 961,300 shares per day over the past 30 days. Extra Space has a market cap of $2.4 billion and is part of the financial sector and real estate industry. Shares are up 8.7% year to date as of the close of trading on Friday. Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. The company has a P/E ratio of 48.6, below the average real estate industry P/E ratio of 54 and above the S&P 500 P/E ratio of 17.7.