NEW YORK (

TheStreet

) -- The ex-dividend date for

Allegheny Technologies

(NYSE:

ATI

) is tomorrow, May 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $35.82 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Allegheny has been 1.6 million shares per day over the past 30 days. Allegheny has a market cap of $3.71 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are down 25.5% year to date as of the close of trading on Wednesday.

Allegheny Technologies Incorporated engages in the production of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The company has a P/E ratio of 17.9, above the average industrial industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Allegheny as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. You can view the full

Allegheny Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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