NEW YORK (

TheStreet

) -- The ex-dividend date for

Kaydon Corporation

(NYSE:

KDN

) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $21.87 as of 9:30 a.m. ET, the dividend yield is 3.5%.

The average volume for Kaydon has been 363,700 shares per day over the past 30 days. Kaydon has a market cap of $695.3 million and is part of the

industrial goods

sector and

industrial

industry. Shares are down 29% year to date as of the close of trading on Tuesday.

TheStreet Recommends

Kaydon Corporation engages in the design, manufacture, and sale of custom engineered, performance-critical products in the United States, Germany, and internationally. The company has a P/E ratio of 14.1, below the average industrial industry P/E ratio of 14.2 and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Kaydon as a

hold

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

Kaydon Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null