Owners of ITT (NYSE: ITT) shares as of market close today will be eligible for a dividend of 10 cents per share. At a price of $30.77 as of 9:36 a.m. ET, the dividend yield is 1.3%. The average volume for ITT has been 706,800 shares per day over the past 30 days. ITT has a market cap of $2.8 billion and is part of the industrial industry. Shares are up 30.7% year to date as of the close of trading on Monday. 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. ITT Corporation designs and manufactures engineered critical components and customized technology solutions for the energy, transportation, and industrial markets. The company operates in four segments: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies. The company has a P/E ratio of 24.60. TheStreet Ratings rates ITT as a hold. 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 and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full ITT Ratings Report now.