NEW YORK ( TheStreet) -- The ex-dividend date for MFC Industrial (NYSE: MIL) is tomorrow, January 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $7.39 as of 9:30 a.m. ET, the dividend yield is 2.7%. The average volume for MFC Industrial has been 151,400 shares per day over the past 30 days. MFC Industrial has a market cap of $469.2 million and is part of the basic materials sector and metals & mining industry. Shares are up 5.6% year to date as of the close of trading on Monday. MFC Industrial Ltd., a commodity supply chain company, engages in sourcing and delivering commodities and materials to clients worldwide. The company has a P/E ratio of 4.5, above the average metals & mining industry P/E ratio of 4.4 and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter