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NEW YORK ( TheStreet) -- The ex-dividend date for Pengrowth Energy (NYSE: PGH) is Monday, May 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $7.59 as of 9:30 a.m. ET, the dividend yield is 11%. The average volume for Pengrowth Energy has been 1.2 million shares per day over the past 30 days. Pengrowth Energy has a market cap of $2.78 billion and is part of the basic materials sector and energy industry. Shares are down 28.6% year to date as of the close of trading on Thursday. Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas reserves in Canada. It primarily explores for crude oil, natural gas, and natural gas liquids in the provinces of Alberta, British Columbia, Saskatchewan, and Nova Scotia. The company has a P/E ratio of 33.1, above the average energy industry P/E ratio of 30.9 and above the S&P 500 P/E ratio of 17.7.