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NEW YORK ( TheStreet) -- The ex-dividend date for American Eagle Outfitters (NYSE: AEO) is tomorrow, March 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $16.78 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for American Eagle Outfitters has been 4.5 million shares per day over the past 30 days. American Eagle Outfitters has a market cap of $2.69 billion and is part of the services sector and retail industry. Shares are up 8.1% year to date as of the close of trading on Tuesday. American Eagle Outfitters, Inc. operates as an apparel and accessories retailer in the United States and Canada. The company has a P/E ratio of 21.5, above the average retail industry P/E ratio of 14.6 and above the S&P 500 P/E ratio of 17.7.