The ex-dividend date for Wynn Resorts (Nasdaq:WYNN) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $138.81 as of 9:31 a.m., the dividend yield is 2.9%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Wynn Resorts (Nasdaq: WYNN) is tomorrow, May 7, 2013. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $138.81 as of 9:31 a.m. ET, the dividend yield is 2.9%. The average volume for Wynn has been 1.3 million shares per day over the past 30 days. Wynn has a market cap of $13.79 billion and is part of the services sector and leisure industry. Shares are up 23.4% year to date as of the close of trading on Friday. Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Wynn as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, impressive record of earnings per share growth and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Wynn Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.