Through a few forum posts and searching, I found a way to add a Copy Path to Clipboard function to the right click dialog. Follow these steps to add a new automation:

1. Open Automator (Applications » Automator)
2. Create a blank ‘Custom’ workflow
3. In the Actions library, select Utilities » Run Applescript (double click it or drag it into the workspace)
4. Replace the text with the text below titled “Script” (put a tab indent in front of line 2 and 3)
5. File » Save As Plug-In
6. Name it something akin to ‘Copy Path to Clipboard’ and select Finder in the dropdown, click Save.

That’s it, you now have an item in the right-click dialog, under More » Automator » Copy Path to Clipboard

And that’s it, now after you have chosen that dialog item, you can paste from the clipboard into any application the path of a file or folder.

Cheers!

Script:

tell application “Finder”
set sel to the selection as text
set the clipboard to POSIX path of sel
end tell