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NEW YORK ( TheStreet) -- The ex-dividend date for Snyders-Lance (Nasdaq: LNCE) is Monday, February 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 16 cents per share. At a price of $22.35 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Snyders-Lance has been 200,200 shares per day over the past 30 days. Snyders-Lance has a market cap of $1.54 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 0.4% year to date as of the close of trading on Thursday. Snyder's-Lance, Inc. manufactures, markets, and distributes snack foods in the United States and Canada. Its products include pretzels, sandwich crackers, kettle chips, cookies, potato chips, tortilla chips, sugar wafers, nuts, restaurant style crackers, candies, and other salty snacks. The company has a P/E ratio of 39.2, above the S&P 500 P/E ratio of 17.7.