NEW YORK ( TheStreet) -- The ex-dividend date for Kaman Corporation (Nasdaq: KAMN) is tomorrow, March 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $31.10 as of 9:30 a.m. ET, the dividend yield is 1.8%. The average volume for Kaman has been 138,400 shares per day over the past 30 days. Kaman has a market cap of $834 million and is part of the industrial goods sector and aerospace/defense industry. Shares are up 7.8% year to date as of the close of trading on Tuesday. Kaman Corporation operates in the industrial distribution and aerospace markets. The company's Industrial Distribution segment distributes products, including bearings, mechanical and electrical power transmission, fluid power, motion control, and materials handling components. The company has a P/E ratio of 21.8, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 16. TheStreet Ratings rates Kaman as buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Kaman Ratings Report. See our dividend calendar or top-yielding stocks list.