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NEW YORK ( TheStreet) -- The ex-dividend date for Haynes International (Nasdaq: HAYN) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $50.91 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for Haynes International has been 163,300 shares per day over the past 30 days. Haynes International has a market cap of $603.7 million and is part of the basic materials sector and metals & mining industry. Shares are up 22.8% year to date as of the close of trading on Friday. Haynes International Inc. develops, manufactures, markets, and distributes high-performance nickel-and cobalt-based alloys in sheet, coil, and plate forms for use in the various industries worldwide. The company has a P/E ratio of 23.8, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.