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NEW YORK ( TheStreet) -- The ex-dividend date for Maxim Integrated Products (Nasdaq: MXIM) is tomorrow, May 17, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $26.82 as of 9:30 a.m. ET, the dividend yield is 3.3%. The average volume for Maxim Integrated has been 2.4 million shares per day over the past 30 days. Maxim Integrated has a market cap of $7.78 billion and is part of the technology sector and electronics industry. Shares are up 2.2% year to date as of the close of trading on Tuesday. Maxim Integrated Products, Inc. engages in designing, developing, manufacturing, and marketing various linear and mixed-signal integrated circuits worldwide. The company also provides various high-frequency process technologies and capabilities for use in custom designs. The company has a P/E ratio of 21.8, above the average electronics industry P/E ratio of 20.2 and above the S&P 500 P/E ratio of 17.7.