NEW YORK (

TheStreet

) -- The ex-dividend date for

Kaydon Corporation

(NYSE:

KDN

) is tomorrow, June 10, 2011. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $33.91 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for Kaydon has been 205,000 shares per day over the past 30 days. Kaydon has a market cap of $1.1 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are down 16.5% year to date as of the close of trading on Wednesday.

TheStreet Recommends

Kaydon Corporation designs and manufactures custom engineered and performance-critical products primarily in the United States. The company has a P/E ratio of 21, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Kaydon as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Kaydon Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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