NEW YORK ( TheStreet) -- The ex-dividend date for CTC Media (Nasdaq: CTCM) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $10.95 as of 9:30 a.m. ET, the dividend yield is 4.8%. The average volume for CTC Media has been 473,100 shares per day over the past 30 days. CTC Media has a market cap of $1.55 billion and is part of the services sector and media industry. Shares are up 25.1% year to date as of the close of trading on Friday. CTC Media, Inc., together with its subsidiaries, operates as an independent media company. It operates the CTC, Domashny, and Peretz television networks in Russia. The company has a P/E ratio of 32, above the average media industry P/E ratio of 10.3 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter