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NEW YORK ( TheStreet) -- The ex-dividend date for Regency Centers Corporation (NYSE: REG) is Monday, May 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 46 cents per share. At a price of $46.90 as of 9:35 a.m. ET, the dividend yield is 3.9%. The average volume for Regency Centers has been 617,800 shares per day over the past 30 days. Regency Centers has a market cap of $4.26 billion and is part of the financial sector and real estate industry. Shares are up 25.8% year to date as of the close of trading on Thursday. Regency Centers Corporation operates as a real estate investment trust. The company, through its subsidiaries, owns, operates, and develops community and neighborhood shopping centers that are tenanted by grocers, category-leading anchors, specialty retailers, and restaurants. The company has a P/E ratio of 143.6, above the average real estate industry P/E ratio of 103 and above the S&P 500 P/E ratio of 17.7.