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NEW YORK ( TheStreet) -- The ex-dividend date for Applied Materials (Nasdaq: AMAT) is Tuesday, February 21, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $13.88 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Applied has been 15.6 million shares per day over the past 30 days. Applied has a market cap of $15.94 billion and is part of the technology sector and electronics industry. Shares are up 23.3% year to date as of the close of trading on Thursday. Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company has a P/E ratio of 8.9, above the average electronics industry P/E ratio of 8.5 and below the S&P 500 P/E ratio of 17.7.