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NEW YORK ( TheStreet) -- The ex-dividend date for Safeway (NYSE: SWY) is tomorrow, March 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $20.67 as of 9:30 a.m. ET, the dividend yield is 2.8%. The average volume for Safeway has been 6.1 million shares per day over the past 30 days. Safeway has a market cap of $7.72 billion and is part of the services sector and retail industry. Shares are up 0.4% year to date as of the close of trading on Friday. Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. The company has a P/E ratio of 14, below the average retail industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7.