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NEW YORK ( TheStreet) -- The ex-dividend date for Martin Marietta Materials (NYSE: MLM) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $86.73 as of 9:35 a.m. ET, the dividend yield is 1.8%. The average volume for Martin Marietta has been 529,200 shares per day over the past 30 days. Martin Marietta has a market cap of $3.66 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 16.3% year to date as of the close of trading on Friday. Martin Marietta Materials, Inc., together with its subsidiaries, engages in the production and sale of aggregates for the construction industry primarily in the United States, Canada, the Bahamas, and the Caribbean Islands. The company has a P/E ratio of 43.3, below the average materials & construction industry P/E ratio of 45 and above the S&P 500 P/E ratio of 17.7.