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NEW YORK ( TheStreet) -- The ex-dividend date for SPX Corporation (NYSE: SPW) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $60.62 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for SPX has been 694,200 shares per day over the past 30 days. SPX has a market cap of $3.19 billion and is part of the industrial goods sector and industrial industry. Shares are down 15.7% year to date as of the close of trading on Thursday. SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. The company has a P/E ratio of 17.4, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.