Six Flags increases dividend by 12%

Posted | Contributed by Jeff

From the press release:

Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company, today announced that its board of directors increased the company’s annual cash dividend 12 percent by declaring a quarterly cash dividend of $0.58 per share of common stock payable to shareholders of record as of December 2, 2015. The dividend will be payable to shareholders on December 14, 2015.

“The company continues to generate significant and consistent cash flow, and our board and management team remain committed to a shareholder-friendly capital allocation policy that includes an attractive, increasing cash dividend combined with an efficient share repurchase program,” said Jim Reid-Anderson, Chairman, President and CEO.

Read the press release from Business Wire.