NEW YORK ( TheStreet) -- The ex-dividend date for Monsanto Company (NYSE: MON) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $59.29 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for Monsanto has been 5.1 million shares per day over the past 30 days. Monsanto has a market cap of $32.1 billion and is part of the basic materials sector and chemicals industry. Shares are down 13.7% year to date as of the close of trading on Monday. Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The company has a P/E ratio of 20.8, equal to the average chemicals industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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