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NEW YORK ( TheStreet) -- The ex-dividend date for Pebblebrook Hotel (NYSE: PEB) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $23.26 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for Pebblebrook Hotel has been 304,200 shares per day over the past 30 days. Pebblebrook Hotel has a market cap of $1.1 billion and is part of the financial sector and real estate industry. Shares are up 21% year to date as of the close of trading on Monday. Pebblebrook Hotel Trust, through Pebblebrook Hotel, L.P., operates as a real estate investment trust. The company acquires and invests primarily in hotel properties located in the United States. The company has a P/E ratio of 286.8, above the S&P 500 P/E ratio of 17.7.