- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Titanium Metals Corporation (NYSE: TIE) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $11.49 as of 9:30 a.m. ET, the dividend yield is 2.5%. The average volume for Titanium has been 1.8 million shares per day over the past 30 days. Titanium has a market cap of $1.95 billion and is part of the basic materials sector and metals & mining industry. Shares are down 24.4% year to date as of the close of trading on Tuesday. Titanium Metals Corporation produces and sells titanium melted and mill products. The company has a P/E ratio of 17.7, equal to the average metals & mining industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7.