NEW YORK ( TheStreet) -- The ex-dividend date for Eagle Rock Energy Partners (Nasdaq: EROC) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $9.83 as of 9:30 a.m. ET, the dividend yield is 9.1%. The average volume for Eagle Rock Energy has been 471,900 shares per day over the past 30 days. Eagle Rock Energy has a market cap of $1.29 billion and is part of the basic materials sector and energy industry. Shares are down 15.5% year to date as of the close of trading on Wednesday. Eagle Rock Energy Partners, L.P., together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, marketing, and trading natural gas, as well as fractionating and transporting natural gas liquids (NGL). The company has a P/E ratio of 15.8, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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