NEW YORK (

TheStreet

) -- The ex-dividend date for

MKS Instruments

(Nasdaq:

MKSI

) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $26.01 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for MKS Instruments has been 269,800 shares per day over the past 30 days. MKS Instruments has a market cap of $1.36 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are down 7.2% year to date as of the close of trading on Friday.

MKS Instruments, Inc., together with its subsidiaries, provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze parameters of manufacturing processes worldwide. The company has a P/E ratio of 11.8, below the average industrial industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates MKS Instruments 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, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full

MKS Instruments Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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