NEW YORK ( TheStreet) -- The ex-dividend date for IAC/InterActiveCorp (Nasdaq: IACI) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $49.15 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for IAC/InterActiveCorp has been 1.1 million shares per day over the past 30 days. IAC/InterActiveCorp has a market cap of $3.83 billion and is part of the services sector and retail industry. Shares are up 14.8% year to date as of the close of trading on Wednesday. IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company has a P/E ratio of 24.1, below the average retail industry P/E ratio of 24.6 and above the S&P 500 P/E ratio of 17.7.
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