NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 70 cents per share. At a price of $23.55 as of 9:30 a.m. ET, the dividend yield is 12.2%.
The average volume for Cedar Fair has been 160,100 shares per day over the past 30 days. Cedar Fair has a market cap of $1.27 billion and is part of the
industry. Shares are up 50.4% year to date as of the close of trading on Tuesday.
Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. The company has a P/E ratio of 143.1, below the average leisure industry P/E ratio of 152.7 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Cedar Fair as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full