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NEW YORK ( TheStreet) -- The ex-dividend date for American Water Works (NYSE: AWK) is tomorrow, April 18, 2012. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $33.25 as of 9:35 a.m. ET, the dividend yield is 2.8%. The average volume for American Water Works has been 906,500 shares per day over the past 30 days. American Water Works has a market cap of $5.9 billion and is part of the utilities sector and utilities industry. Shares are up 3.8% year to date as of the close of trading on Monday. American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services to residential, commercial, industrial, public, and other customers in the United States and Canada. The company has a P/E ratio of 19.1, above the average utilities industry P/E ratio of 19 and above the S&P 500 P/E ratio of 17.7.