NEW YORK ( TheStreet) -- The ex-dividend date for MKS Instruments (Nasdaq: MKSI) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $24.01 as of 9:30 a.m. ET, the dividend yield is 2.6%.

The average volume for MKS Instruments has been 350,400 shares per day over the past 30 days. MKS Instruments has a market cap of $1.26 billion and is part of the industrial goods sector and industrial industry. Shares are down 7.8% year to date as of the close of trading on Friday.

MKS Instruments, Inc., together with its subsidiaries, provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze parameters of manufacturing processes worldwide. The company has a P/E ratio of 8.7, below the average industrial industry P/E ratio of 8.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MKS Instruments as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full MKS Instruments Ratings Report.

See our dividend calendar or top-yielding stocks list.
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