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NEW YORK ( TheStreet) -- The ex-dividend date for Olin Corporation (NYSE: OLN) is tomorrow, February 6, 2014. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $24.89 as of 9:50 a.m. ET, the dividend yield is 3.2%. The average volume for Olin has been 1.4 million shares per day over the past 30 days. Olin has a market cap of $1.99 billion and is part of the basic materials sector and chemicals industry. Shares are down 12.9% year to date as of the close of trading on Tuesday. Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. It operates in three segments, Chlor Alkali Products, Chemical Distribution, and Winchester.