NEW YORK ( TheStreet) -- The ex-dividend date for Xerox Corporation (NYSE: XRX) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $8.40 as of 9:35 a.m. ET, the dividend yield is 2.1%. The average volume for Xerox has been 10.5 million shares per day over the past 30 days. Xerox has a market cap of $12.03 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 5.3% year to date as of the close of trading on Monday. Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. The company has a P/E ratio of 9.1, below the average consumer durables industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.
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