NEW YORK ( TheStreet) -- The ex-dividend date for HNI Corporation (NYSE: HNI) is tomorrow, May 16, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $22.87 as of 9:30 a.m. ET, the dividend yield is 4.1%. The average volume for HNI has been 205,700 shares per day over the past 30 days. HNI has a market cap of $1.07 billion and is part of the consumer goods sector and consumer durables industry. Shares are down 9.7% year to date as of the close of trading on Monday. HNI Corporation, together with its subsidiaries, engages in designing, manufacturing, and marketing office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, and Taiwan. The company has a P/E ratio of 22, below the average consumer durables industry P/E ratio of 22.4 and above the S&P 500 P/E ratio of 17.7.
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