Board of Directors of Ameristar Casinos Announces Cash Dividend

Ameristar Casinos, operator of seven casinos, announced that stockholders will receive a cash dividend of $0.078125 per share on September 15, 2005. The Board of Directors announced the quarterly dividend, and said that it will apply to stockholders on record as of the 1st of September. The company's last dividend was paid on June 20, 2005.

The company, based in Las Vegas, specializes in casinos with special architectural designs, and has been publicly traded since November 1993. The current stock price is about $26. Its PEG Ratio is 1.78, meaning the stock is rated a good buy.

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