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NEW YORK ( TheStreet) -- The ex-dividend date for Encana (NYSE: ECA) 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 $19.81 as of 9:30 a.m. ET, the dividend yield is 4%. The average volume for Encana has been five million shares per day over the past 30 days. Encana has a market cap of $13.73 billion and is part of the basic materials sector and energy industry. Shares are up 7.2% year to date as of the close of trading on Friday. Encana Corporation and its subsidiaries engage in the exploration for, development, production, and marketing of natural gas, oil, and natural gas liquids. The company has a P/E ratio of 116.9, above the average energy industry P/E ratio of 43.4 and above the S&P 500 P/E ratio of 17.7.