Ameristar Casinos Stock To Go Ex-dividend Monday (ASCA)

NEW YORK ( TheStreet) -- The ex-dividend date for Ameristar Casinos Inc (Nasdaq: ASCA) is Monday, August 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $17.08 as of 9:30 a.m. ET, the dividend yield is 2.3%.

The average volume for Ameristar Casinos has been 483,400 shares per day over the past 30 days. Ameristar Casinos has a market cap of $586.6 million and is part of the services sector and leisure industry. Shares are up 9.8% year to date as of the close of trading on Thursday.

Ameristar Casinos, Inc. operates as a gaming and entertainment company in the United States. The company develops, owns, and operates casino, and related hotel, food and beverage, entertainment, and other facilities.
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TheStreet Ratings rates Ameristar Casinos as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Ameristar Casinos Ratings Report.

See our dividend calendar or top-yielding stocks list.

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