CEC Entertainment Stock To Go Ex-dividend Tomorrow (CEC)

NEW YORK ( TheStreet) -- The ex-dividend date for CEC Entertainment (NYSE: CEC) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $33.28 as of 9:31 a.m. ET, the dividend yield is 2.7%.

The average volume for CEC Entertainment has been 166,100 shares per day over the past 30 days. CEC Entertainment has a market cap of $625.8 million and is part of the services sector and leisure industry. Shares are down 16.7% year to date as of the close of trading on Friday.

CEC Entertainment, Inc. and its subsidiaries develop, operate, and franchise family dining and entertainment centers under the Chuck E. Cheese's name in the United States and internationally. The company has a P/E ratio of 11.4, below the average leisure industry P/E ratio of 11.7 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates CEC Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full CEC Entertainment Ratings Report.

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