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NEW YORK ( TheStreet) -- The ex-dividend date for Scholastic Corporation (Nasdaq: SCHL) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $31.84 as of 9:30 a.m. ET, the dividend yield is 1.5%. The average volume for Scholastic has been 299,300 shares per day over the past 30 days. Scholastic has a market cap of $981.8 million and is part of the services sector and media industry. Shares are up 11.7% year to date as of the close of trading on Tuesday. Scholastic Corporation, together with its subsidiaries, operates as a children's publishing, education, and media company primarily in the United States. The company has a P/E ratio of 14.8, below the average media industry P/E ratio of 15.6 and below the S&P 500 P/E ratio of 17.7.