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Cedar Fair L.P. (FUN) Raises Quarterly Dividend 3.6% to $0.855; 6% Yield

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Cedar Fair Reports Record Results Through The Third Quarter; Increases Quarterly Cash Distribution

November 2, 2016 4:00 AM EDT

SANDUSKY, Ohio, Nov. 2, 2016 /PRNewswire/ -- Cedar Fair (NYSE: FUN), a leader in regional amusement parks, water parks and active entertainment, today reported results for its third quarter ended September 25, 2016.  The Company also announced an increase in its quarterly cash distribution and stated it remains on track to achieve its FUNforward 2.0 growth goal earlier than its original target of 2018.

Highlights

Cedar Fair reported record net revenues of $1.1 billion through the third quarter, a 3% increase over last year's record results for the same nine-month period. Net... More