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NEW YORK ( TheStreet) -- The ex-dividend date for Snap-on (NYSE: SNA) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $60.66 as of 9:30 a.m. ET, the dividend yield is 2.3%. The average volume for Snap-on has been 331,400 shares per day over the past 30 days. Snap-on has a market cap of $3.51 billion and is part of the industrial goods sector and industrial industry. Shares are up 19.2% year to date as of the close of trading on Tuesday. Snap-on Incorporated provides tools, equipment, diagnostics, repair information, and systems solutions for professional users. The company has a P/E ratio of 12.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.