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NEW YORK ( TheStreet) -- The ex-dividend date for Douglas Dynamics (NYSE: PLOW) is tomorrow, March 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $13.44 as of 9:30 a.m. ET, the dividend yield is 6.1%. The average volume for Douglas Dynamics has been 146,900 shares per day over the past 30 days. Douglas Dynamics has a market cap of $298.3 million and is part of the consumer goods sector and automotive industry. Shares are down 8.2% year to date as of the close of trading on Wednesday. Douglas Dynamics, Inc. designs, manufactures, and sells snow and ice control equipment for light trucks in North America. It principally offers snowplows, sand and salt spreaders, and related parts and accessories. The company sells its products under the WESTERN, FISHER, and BLIZZARD brands. The company has a P/E ratio of 15.9, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.