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Cedar Fair, L.P., a publicly traded partnership which owns and operates six amusement parks and five water parks, today announced a 2% increase in its regular quarterly cash distribution to $0.45 per limited partner unit. On an annualized basis, the Partnership’s distribution rate will increase for the 17th consecutive year, from $1.76 (paid over the past four quarters) to $1.80 per unit.
Read the press release from Cedar Fair.