NEW YORK ( TheStreet) -- The ex-dividend date for Chevron (NYSE: CVX) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 90 cents per share. At a price of $101.87 as of 9:30 a.m. ET, the dividend yield is 3.5%. The average volume for Chevron has been 6.6 million shares per day over the past 30 days. Chevron has a market cap of $202.57 billion and is part of the basic materials sector and energy industry. Shares are down 3.5% year to date as of the close of trading on Monday. Chevron Corporation, through its subsidiaries, engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two segments, Upstream and Downstream. The company has a P/E ratio of 7.5, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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