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NEW YORK ( TheStreet) -- The ex-dividend date for Talisman Energy (NYSE: TLM) is tomorrow, May 23, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $10.07 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for Talisman Energy has been 5.3 million shares per day over the past 30 days. Talisman Energy has a market cap of $10.13 billion and is part of the basic materials sector and energy industry. Shares are down 21.1% year to date as of the close of trading on Monday. Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It primarily operates in North America, the North Sea, and southeast Asia. The company has a P/E ratio of 10.4, below the average energy industry P/E ratio of 11.2 and below the S&P 500 P/E ratio of 17.7.