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NEW YORK ( TheStreet) -- The ex-dividend date for Retail Opportunity Investments (Nasdaq: ROIC) is Monday, May 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $12.42 as of 9:30 a.m. ET, the dividend yield is 4.1%. The average volume for Retail Opportunity Investments has been 319,400 shares per day over the past 30 days. Retail Opportunity Investments has a market cap of $631.8 million and is part of the financial sector and real estate industry. Shares are up 4.4% year to date as of the close of trading on Thursday. Retail Opportunity Investments Corp., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of necessity-based community and neighborhood shopping centers in the eastern and western regions of the United States. The company has a P/E ratio of 125.5, above the average real estate industry P/E ratio of 114.1 and above the S&P 500 P/E ratio of 17.7.