NEW YORK (

TheStreet

) -- The ex-dividend date for

Matthews International Corporation

(Nasdaq:

MATW

) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $35.23 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Matthews International has been 164,500 shares per day over the past 30 days. Matthews International has a market cap of $1 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 2.3% year to date as of the close of trading on Tuesday.

Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and Asia. The company has a P/E ratio of 14.8, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Matthews International as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full

Matthews International Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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