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NEW YORK ( TheStreet) -- The ex-dividend date for Black Hills Corporation (NYSE: BKH) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 37 cents per share. At a price of $32.86 as of 9:30 a.m. ET, the dividend yield is 4.5%. The average volume for Black Hills has been 263,100 shares per day over the past 30 days. Black Hills has a market cap of $1.44 billion and is part of the utilities sector and utilities industry. Shares are down 2.6% year to date as of the close of trading on Monday. Black Hills Corporation, together with its subsidiaries, operates as a diversified energy company primarily in the United States. The company has a P/E ratio of 30.2, above the average utilities industry P/E ratio of 26.5 and above the S&P 500 P/E ratio of 17.7.