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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.