NEW YORK ( TheStreet) -- The ex-dividend date for Senior Housing Properties (NYSE: SNH) is tomorrow, July 24, 2012. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $22.90 as of 9:30 a.m. ET, the dividend yield is 6.6%. The average volume for Senior Housing has been 1.6 million shares per day over the past 30 days. Senior Housing has a market cap of $3.75 billion and is part of the financial sector and real estate industry. Shares are up 2.6% year to date as of the close of trading on Friday. Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. The company has a P/E ratio of 23.3, above the average real estate industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 17.7.
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