Six Flags Entertainment (SIX) Raises Quarterly Dividend 11.4% to $0.78; 4.8% Yield

Six Flags Entertainment (NYSE: SIX) declared a quarterly dividend of $0.78 per share, or $3.12 annualized. This is an 11.4% increase from the prior dividend of $0.70.

The dividend will be payable on March 5, 2018, to stockholders of record on February 19, 2018, with an ex-dividend date of February 15, 2018.

The annual yield on the dividend is 4.8 percent.

“Six Flags’ cash flow will benefit greatly from the recently enacted tax reform, and we are using a portion of the savings to reward our shareholders with a higher dividend,” said Marshall Barber, Chief Financial Officer. “In addition to investing in our employees and world-class theme parks, we remain committed to growing our attractive dividend by high-single digit increases for years to come.”

For a dividend history and other dividend-related data on Six Flags Entertainment (SIX) click here.

You May Also Be Interested In

• MetLife (MET) Raises Quarterly Dividend 4.8% to $0.545; 3% Yield
• FAT Brands (FAT) Declares $0.14 Quarterly Dividend; 7.7% Yield
• Truist Financial Corp. (TFC) Declares $0.52 Quarterly Dividend; 5.3% Yield