Posted Friday, September 21, 2001 4:26 AM | Contributed by Jeff
Despite missing revenue and attendance goals this season, Cedar Fair's cash distribution is up 5% to $1.64 per unit annually. This quarter will send 41 cents per unit to current unit holders.
Read the press release from Cedar Fair.
Friday, September 21, 2001 10:07 AM
(^_^);; I don't exactly know what that means, but, okay, good job on the impressive increase!
*** This post was edited by SFMM Lover on 9/21/2001. ***
Friday, September 21, 2001 11:03 AM
Does this mean that every one who owns CF stock will be sent 41 cents for every share they own? Dang, I was deciding which to buy, the finance people said SF was a better buy and at the time, I would have made $88 with SF and $8 with CF (based on the investors predictions) but I didn't invest in either (I would have spent about $200 I think). I'm going to buy CF soon.
G.Bush:We will find those who did it, smoke them out of their holes, get them running, and bring them to justice.
I pray that I will never see a Six Flags Conneaut Lake
Friday, September 21, 2001 11:59 AM
It's a great income stock. For most of last year I had 1,875 shares, which meant I was getting about $700 every quarter. That's not half bad.
Jeff - Webmaster/Admin - CoasterBuzz.com
"From the global village... in the age of communication!"
Watch the grass grow!
Friday, September 21, 2001 5:42 PM
I'm too young to participate in the Stock Market, but I understand it. When I get some money in a few years, it's going right into Cedar Fair. It has always seemed to be a good buy.
*** This post was edited by MFRULES on 9/21/2001. ***
Friday, September 21, 2001 6:27 PM
You aren't too young to invest. Your parents or legal guardians can purchase stocks in your name. CF has been a nice investment for my kids and myself for several years now. CF units would make a great gift for some upcoming occasion, I'm sure.
We also got some 2 for one admissons coupons in the mail and a free night with a paid night at one CF's fine hotels. We are spending 2 nights at the Breakers.
Friday, September 21, 2001 6:45 PM
Actually you ae never too young to get into the stock market! I got into it when i was 10 and brough names like Nike, McDonalds and other products that i liked and now its worth 30x then when i bought them! I own about 2200 shares in Cedar Fair, L.P. and i am happy that they have such a strong cash distribution for such a bad year and next year may get worse for amusment parks, especially attendance.
I may be from IL, but i sure can't get enough of the FORCE. MF!!!