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NEW YORK ( TheStreet) -- The ex-dividend date for Charles Schwab (NYSE: SCHW) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $13.39 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Charles Schwab has been 14.6 million shares per day over the past 30 days. Charles Schwab has a market cap of $17.22 billion and is part of the financial sector and financial services industry. Shares are up 20.1% year to date as of the close of trading on Monday. The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. The company has a P/E ratio of 20.8, above the average financial services industry P/E ratio of 20.5 and above the S&P 500 P/E ratio of 17.7.