Cinemark Stock To Go Ex-dividend Tomorrow (CNK)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 21 cents per share. At a price of $20.91 as of 9:30 a.m. ET, the dividend yield is 4%.
The average volume for Cinemark has been 1.5 million shares per day over the past 30 days. Cinemark has a market cap of $2.27 billion and is part of the
sector and
industry. Shares are up 13.4% year to date as of the close of trading on Monday.
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Cinemark Holdings, Inc. and its subsidiaries engage in the motion picture exhibition business. As of September 30, 2011, it operated 448 theatres and 5,096 screens in the United States and Latin America. The company is headquartered in Plano, Texas. The company has a P/E ratio of 18.6, above the average media industry P/E ratio of 15.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Cinemark as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
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or
.
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