NEW YORK ( TheStreet) -- The ex-dividend date for Iamgold (NYSE: IAG) is tomorrow, June 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $11.58 as of 9:30 a.m. ET, the dividend yield is 2.2%. The average volume for Iamgold has been 3.5 million shares per day over the past 30 days. Iamgold has a market cap of $4.37 billion and is part of the basic materials sector and metals & mining industry. Shares are down 26.8% year to date as of the close of trading on Wednesday. IAMGOLD Corporation, a mid-tier gold mining company, engages in the exploration, development, and production of mineral resource properties. It primarily explores for gold, silver, zinc, copper, niobium, diamonds, and other metals. The company has a P/E ratio of 11.5, above the average metals & mining industry P/E ratio of 5.7 and below the S&P 500 P/E ratio of 17.7.
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