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NEW YORK ( TheStreet) -- The ex-dividend date for Valspar Corporation (NYSE: VAL) is tomorrow, March 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $49.37 as of 9:30 a.m. ET, the dividend yield is 1.6%. The average volume for Valspar has been 767,600 shares per day over the past 30 days. Valspar has a market cap of $3.91 billion and is part of the basic materials sector and chemicals industry. Shares are up 26.7% year to date as of the close of trading on Tuesday. The Valspar Corporation, together with its subsidiaries, manufactures and distributes coatings, paints, and related products worldwide.