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NEW YORK ( TheStreet) -- The ex-dividend date for Aqua America (NYSE: WTR) is tomorrow, May 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $22.68 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Aqua America has been 484,200 shares per day over the past 30 days. Aqua America has a market cap of $3.18 billion and is part of the utilities sector and utilities industry. Shares are up 3.8% year to date as of the close of trading on Friday. Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States. The company has a P/E ratio of 22.6, above the average utilities industry P/E ratio of 20.9 and above the S&P 500 P/E ratio of 17.7.