Vail Stock To Go Ex-dividend Tomorrow (MTN)

NEW YORK ( TheStreet) -- The ex-dividend date for Vail Resorts (NYSE: MTN) is tomorrow, March 22, 2012. Owners of shares as of market close today will be eligible for a dividend of 19 cents per share. At a price of $45.09 as of 9:30 a.m. ET, the dividend yield is 1.6%.

The average volume for Vail has been 386,500 shares per day over the past 30 days. Vail has a market cap of $1.62 billion and is part of the services sector and leisure industry. Shares are up 6.1% year to date as of the close of trading on Tuesday.

Vail Resorts, Inc., through its subsidiaries, engages in the operation of resorts in the United States. The company operates in three segments: Mountain, Lodging, and Real Estate. The company has a P/E ratio of 123.1, above the average leisure industry P/E ratio of 81.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Vail as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full Vail Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

General Electric Booted From Dow, Replaced by Walgreens

General Electric Booted From Dow, Replaced by Walgreens

European Union Says Tariffs on U.S. Imports Will Kick In on June 22

European Union Says Tariffs on U.S. Imports Will Kick In on June 22

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know

Stocks Rise, GE Dropped From the Dow, Starbucks, Oracle - 5 Things You Must Know

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

Global Stocks Rebound But US-China Trade War Concerns Keep Investors on Edge

GE Loses Its Spot on the Dow and 4 Other Stories to Watch Wednesday Morning

GE Loses Its Spot on the Dow and 4 Other Stories to Watch Wednesday Morning