NEW YORK ( TheStreet) -- The ex-dividend date for Dynamic Materials Corporation (Nasdaq: BOOM) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of four cents per share. At a price of $25.46 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Dynamic has been 108,700 shares per day over the past 30 days. Dynamic has a market cap of $343.5 million and is part of the basic materials sector and metals & mining industry. Shares are up 11.8% year to date as of the close of trading on Friday. Dynamic Materials Corporation provides explosion-welded clad metal plates and welding services worldwide. The company operates through three segments: Explosive Metalworking, Oilfield Products, and AMK Welding. The company has a P/E ratio of 64.4, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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