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NEW YORK ( TheStreet) -- The ex-dividend date for BanColombia (NYSE: CIB) is tomorrow, March 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $65.37 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for BanColombia has been 289,000 shares per day over the past 30 days. BanColombia has a market cap of $7.4 billion and is part of the financial sector and banking industry. Shares are up 9.1% year to date as of the close of trading on Friday. Bancolombia S.A. provides financial products and services to individual and corporate customers in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, Brazil, the United States, and Spain. The company has a P/E ratio of 11.2, below the average banking industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.