NEW YORK (

TheStreet

) -- The ex-dividend date for

Cedar Fair

(NYSE:

FUN

) is tomorrow, June 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $26.86 as of 9:35 a.m. ET, the dividend yield is 6%.

The average volume for Cedar Fair has been 232,500 shares per day over the past 30 days. Cedar Fair has a market cap of $1.49 billion and is part of the

services

sector and

leisure

industry. Shares are up 22.5% year to date as of the close of trading on Wednesday.

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 16.2, below the average leisure industry P/E ratio of 16.4 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cedar Fair as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. 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

Cedar Fair Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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