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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 Cytec Industries (NYSE: CYT) is tomorrow, May 8, 2013. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $72.64 as of 9:30 a.m. ET, the dividend yield is 0.7%. The average volume for Cytec has been 520,200 shares per day over the past 30 days. Cytec has a market cap of $3.28 billion and is part of the basic materials sector and chemicals industry. Shares are up 5.4% year to date as of the close of trading on Monday. Cytec Industries Inc., a specialty chemicals and materials company, engages in developing, manufacturing, and selling chemical products primarily for aerospace composites, structural adhesives, automotive and industrial coatings, electronics, inks, mining, and plastics markets. The company has a P/E ratio of 47.4, above the S&P 500 P/E ratio of 17.7.