Entertainment Stock To Go Ex-dividend Tomorrow (EPR)

NEW YORK ( TheStreet) -- The ex-dividend date for Entertainment Properties (NYSE: EPR) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 75 cents per share. At a price of $47.12 as of 9:30 a.m. ET, the dividend yield is 6.5%.

The average volume for Entertainment has been 311,000 shares per day over the past 30 days. Entertainment has a market cap of $2.04 billion and is part of the financial sector and real estate industry. Shares are up 7.4% year to date as of the close of trading on Monday.

Entertainment Properties Trust, a real estate investment trust (REIT), develops, owns, leases, and finances entertainment and related properties in the United States and Canada. The company has a P/E ratio of 30.3, above the average real estate industry P/E ratio of 25.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Entertainment Ratings Report.

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