Cedar Fair raises distribution again, now to $1.84 per unit

Posted | Contributed by Jeff

Cedar Fair, L.P. (NYSE: FUN), a publicly traded partnership which owns and operates seven amusement parks and five water parks, today announced an increase in its regular quarterly cash distribution to $0.46 per limited partner unit. On an annualized basis, the Partnership’s distribution rate will increase for the 18th consecutive year, from $1.80 (paid over the past four quarters) to $1.84 per unit.

Read the press release from Cedar Fair.