Owners of Snap-on (NYSE: SNA) shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $91.39 as of 9:36 a.m. ET, the dividend yield is 1.7%. The average volume for Snap-on has been 286,500 shares per day over the past 30 days. Snap-on has a market cap of $5.2 billion and is part of the industrial industry. Shares are up 15.8% year to date as of the close of trading on Tuesday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Snap-on Incorporated provides tools, equipment, diagnostics, and repair information and systems solutions for professional users. It operates through four segments: Commercial and Industrial Group, Snap-on Tools Group, Repair Systems and Information Group, and Financial Services. The company has a P/E ratio of 16.53. TheStreet Ratings rates Snap-on as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Snap-on Ratings Report now.