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NEW YORK ( TheStreet) -- The ex-dividend date for Lowe's Companies (NYSE: LOW) is Monday, April 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $32.12 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Lowe's Companies has been 15.3 million shares per day over the past 30 days. Lowe's Companies has a market cap of $37.27 billion and is part of the services sector and retail industry. Shares are up 26.1% year to date as of the close of trading on Thursday. Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The company has a P/E ratio of 22.3, above the average retail industry P/E ratio of 21.7 and above the S&P 500 P/E ratio of 17.7.