NEW YORK ( TheStreet) -- The ex-dividend date for HNI Corporation (NYSE: HNI) is tomorrow, August 17, 2011. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $18.20 as of 9:30 a.m. ET, the dividend yield is 5.1%. The average volume for HNI has been 266,700 shares per day over the past 30 days. HNI has a market cap of $806.5 million and is part of the consumer goods sector and consumer durables industry. Shares are down 40.4% year to date as of the close of trading on Monday. HNI Corporation and its subsidiaries design, manufacture, and market office furniture and hearth products primarily in the United States. The company has a P/E ratio of 26.5, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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