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NEW YORK ( TheStreet) -- The ex-dividend date for Sensient Technologies Corporation (NYSE: SXT) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $36.30 as of 9:30 a.m. ET, the dividend yield is 2.4%. The average volume for Sensient has been 228,100 shares per day over the past 30 days. Sensient has a market cap of $1.87 billion and is part of the basic materials sector and chemicals industry. Shares are down 3.7% year to date as of the close of trading on Thursday. Sensient Technologies Corporation and its subsidiaries engage in the manufacture and sale of colors, flavors, and fragrances worldwide. The company has a P/E ratio of 15.1, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.