NEW YORK ( TheStreet) -- The ex-dividend date for MKS Instruments (Nasdaq: MKSI) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $30.58 as of 10 a.m. ET, the dividend yield is 1.9%.

The average volume for MKS Instruments has been 320,100 shares per day over the past 30 days. MKS Instruments has a market cap of $1.58 billion and is part of the industrial goods sector and industrial industry. Shares are up 11.2% year to date as of the close of trading on Friday.

MKS Instruments, Inc., together with its subsidiaries, provides instruments, subsystems, and process control solutions that measure, control, power, monitor, and analyze parameters of manufacturing processes worldwide. The company has a P/E ratio of 13, above the average industrial industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates MKS Instruments as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full MKS Instruments Ratings Report.

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