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NEW YORK ( TheStreet) -- The ex-dividend date for American States Water (NYSE: AWR) is tomorrow, May 10, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $36.83 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for American States Water has been 109,600 shares per day over the past 30 days. American States Water has a market cap of $693.8 million and is part of the utilities sector and utilities industry. Shares are up 6.2% year to date as of the close of trading on Tuesday. American States Water Company, together with its subsidiaries, provides water, electric, and contracted services in the United States. The company has a P/E ratio of 15.4, above the average utilities industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.