- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Brazilian Distribution Company (NYSE: CBD) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 0 cents per share. At a price of $38.74 as of 9:30 a.m. ET, the dividend yield is 0.5%. The average volume for Brazilian Distribution has been 575,000 shares per day over the past 30 days. Brazilian Distribution has a market cap of $10.48 billion and is part of the services sector and retail industry. Shares are up 8.6% year to date as of the close of trading on Tuesday. Companhia Brasileira de Distribuic o engages in the retail of food and non-food products to individual consumers through its chain of hypermarkets, supermarkets, specialized and department stores, and the Internet. The company has a P/E ratio of 48.5, above the average retail industry P/E ratio of 26.7 and above the S&P 500 P/E ratio of 17.7.