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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Flowserve Corporation (NYSE: FLS) is tomorrow, March 26, 2013. Owners of shares as of market close today will be eligible for a dividend of 42 cents per share. At a price of $166.63 as of 9:30 a.m. ET, the dividend yield is 1%. The average volume for Flowserve has been 412,700 shares per day over the past 30 days. Flowserve has a market cap of $8.14 billion and is part of the industrial goods sector and industrial industry. Shares are up 12.9% year to date as of the close of trading on Friday. Flowserve Corporation engages in the design, manufacture, distribution, and service of industrial flow management equipment. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7.