NEW YORK ( TheStreet) -- The ex-dividend date for Kraft Foods (NYSE: KFT) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 29 cents per share. At a price of $38.63 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Kraft has been eight million shares per day over the past 30 days. Kraft has a market cap of $67.67 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 2.4% year to date as of the close of trading on Monday. Kraft Foods Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. The company has a P/E ratio of 19.2, below the average food & beverage industry P/E ratio of 21 and above the S&P 500 P/E ratio of 17.7.
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