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NEW YORK ( TheStreet) -- The ex-dividend date for Post Properties (NYSE: PPS) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $46.04 as of 9:30 a.m. ET, the dividend yield is 1.9%. The average volume for Post has been 705,200 shares per day over the past 30 days. Post has a market cap of $2.23 billion and is part of the financial sector and real estate industry. Shares are up 5.3% year to date as of the close of trading on Monday. Post Properties, Inc., a real estate investments trust (REIT), together with its subsidiaries, engages in the development, ownership, and management of multifamily apartment communities in the United States. The company has a P/E ratio of 118.8, below the average real estate industry P/E ratio of 119.3 and above the S&P 500 P/E ratio of 17.7.