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NEW YORK ( TheStreet) -- The ex-dividend date for Baker Hughes (NYSE: BHI) is tomorrow, August 2, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $46.53 as of 9:30 a.m. ET, the dividend yield is 1.3%. The average volume for Baker Hughes has been six million shares per day over the past 30 days. Baker Hughes has a market cap of $20.81 billion and is part of the basic materials sector and energy industry. Shares are down 4.8% year to date as of the close of trading on Tuesday. Baker Hughes Incorporated supplies oilfield services, products, and technology services and systems to the oil and natural gas industry worldwide. The company has a P/E ratio of 11.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.