NEW YORK ( TheStreet) -- The ex-dividend date for Eaton Corporation (NYSE: ETN) is tomorrow, March 6, 2014. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $74.03 as of 9:50 a.m. ET, the dividend yield is 2.7%. The average volume for Eaton has been 3.1 million shares per day over the past 30 days. Eaton has a market cap of $34.92 billion and is part of the industrial goods sector and industrial industry. Shares are down 3.5% year to date as of the close of trading on Tuesday. Eaton Corporation plc operates as a diversified power management company worldwide. The company operates through Electrical Americas, Electrical Rest of World, Cooper, Hydraulics, Aerospace, Truck, and Automotive segments.