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NEW YORK ( TheStreet) -- The ex-dividend date for Kaydon Corporation (NYSE: KDN) is tomorrow, March 27, 2012. Owners of shares as of market close today will be eligible for a dividend of $10.50 per share. At a price of $36.07 as of 9:34 a.m. ET, the dividend yield is 2.3%. The average volume for Kaydon has been 191,600 shares per day over the past 30 days. Kaydon has a market cap of $1.09 billion and is part of the industrial goods sector and industrial industry. Shares are up 16.7% year to date as of the close of trading on Friday. Kaydon Corporation engages in the design, manufacture, and sale of custom engineered, performance-critical products in the United States, Germany, and internationally. The company has a P/E ratio of 23.3, above the average industrial industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.