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.

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