NEW YORK ( TheStreet) -- The ex-dividend date for Snap-on (NYSE: SNA) is tomorrow, November 16, 2011. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $55.77 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Snap-on has been 436,700 shares per day over the past 30 days. Snap-on has a market cap of $3.2 billion and is part of the industrial goods sector and industrial industry. Shares are down 1.2% year to date as of the close of trading on Monday. Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company has a P/E ratio of 12.5, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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