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NEW YORK ( TheStreet) -- The ex-dividend date for Sanderson Farms (Nasdaq: SAFM) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $51 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Sanderson Farms has been 247,200 shares per day over the past 30 days. Sanderson Farms has a market cap of $1.13 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 1.6% year to date as of the close of trading on Wednesday. Sanderson Farms, Inc., an integrated poultry processing company, engages in the production, processing, marketing, and distribution of fresh, frozen, and prepared chicken products in the United States.