NEW YORK ( TheStreet) -- The ex-dividend date for Wells Fargo (NYSE: WFC) is tomorrow, March 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $34.48 as of 9:30 a.m. ET, the dividend yield is 1.4%. The average volume for Wells Fargo has been 32.6 million shares per day over the past 30 days. Wells Fargo has a market cap of $161.05 billion and is part of the financial sector and banking industry. Shares are up 24.5% year to date as of the close of trading on Tuesday. Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The company has a P/E ratio of 12.1, above the average banking industry P/E ratio of 10.8 and below the S&P 500 P/E ratio of 17.7.
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