NEW YORK ( TheStreet) -- The ex-dividend date for Mine Safety Appliances Company (NYSE: MSA) is tomorrow, August 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 26 cents per share. At a price of $28.93 as of 9:31 a.m. ET, the dividend yield is 3.7%.

The average volume for Mine Safety has been 107,700 shares per day over the past 30 days. Mine Safety has a market cap of $1 billion and is part of the health care sector and health services industry. Shares are down 8.6% year to date as of the close of trading on Friday.

Mine Safety Appliances Company develops, manufactures, and supplies health and safety products used by workers in the fire service, homeland security, construction, and other industries, as well as the military. The company has a P/E ratio of 19.2, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Mine Safety as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, reasonable valuation levels, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Mine Safety Ratings Report.

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