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NEW YORK ( TheStreet) -- The ex-dividend date for McCormick & Company (NYSE: MKC) is tomorrow, October 5, 2011. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $44.61 as of 9:30 a.m. ET, the dividend yield is 2.4%. The average volume for McCormick has been 692,900 shares per day over the past 30 days. McCormick has a market cap of $5.5 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 3.4% year to date as of the close of trading on Monday. McCormick & Company, Incorporated engages in the manufacture, marketing, and distribution of flavor products and other specialty food products to the food industry worldwide. It operates in two segments, Consumer and Industrial. The company has a P/E ratio of 15.9, below the average food & beverage industry P/E ratio of 16.5 and below the S&P 500 P/E ratio of 17.7.