NEW YORK ( TheStreet) -- The ex-dividend date for Allegheny Technologies (NYSE: ATI) is tomorrow, May 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $35.82 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for Allegheny has been 1.6 million shares per day over the past 30 days. Allegheny has a market cap of $3.71 billion and is part of the industrial goods sector and industrial industry. Shares are down 25.5% year to date as of the close of trading on Wednesday. Allegheny Technologies Incorporated engages in the production of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The company has a P/E ratio of 17.9, above the average industrial industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7.
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