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NEW YORK ( TheStreet) -- The ex-dividend date for Graco Incorporated (NYSE: GGG) is tomorrow, April 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $52.11 as of 9:34 a.m. ET, the dividend yield is 1.7%. The average volume for Graco has been 345,500 shares per day over the past 30 days. Graco has a market cap of $3.21 billion and is part of the industrial goods sector and industrial industry. Shares are up 30.9% year to date as of the close of trading on Tuesday. Graco Inc. designs, manufactures, and markets systems and equipment to pump, meter, mix, and dispense various fluids and semi-solids worldwide. It operates in three segments: Industrial, Contractor, and Lubrication. The company has a P/E ratio of 23.3, above the average industrial industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 17.7.