NEW YORK ( TheStreet) -- The ex-dividend date for Dover Corporation (NYSE: DOV) is Tuesday, May 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $58.28 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Dover has been 1.6 million shares per day over the past 30 days. Dover has a market cap of $10.61 billion and is part of the industrial goods sector and industrial industry. Shares are down 0.5% year to date as of the close of trading on Thursday. Dover Corporation manufactures and sells industrial products and components, and consumables. The company operates in four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies. The company has a P/E ratio of 12.5, above the average industrial industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7.
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