NEW YORK ( TheStreet) -- The ex-dividend date for Herbalife (NYSE: HLF) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $47.89 as of 9:30 a.m. ET, the dividend yield is 2.6%. The average volume for Herbalife has been 3.1 million shares per day over the past 30 days. Herbalife has a market cap of $5.32 billion and is part of the health care sector and drugs industry. Shares are down 8.7% year to date as of the close of trading on Wednesday. Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide. The company has a P/E ratio of 13.1, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter