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NEW YORK ( TheStreet) -- The ex-dividend date for Diamondrock Hospitality Company (NYSE: DRH) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $10.74 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Diamondrock has been 1.6 million shares per day over the past 30 days. Diamondrock has a market cap of $1.79 billion and is part of the financial sector and real estate industry. Shares are up 10.6% year to date as of the close of trading on Wednesday. DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America.