Six Flags Entertainment Corporation
FUNSix Flags Entertainment Corporation (FUN) is a major amusement park and entertainment company in North America. It operates numerous theme parks offering thrill rides, family attractions, live entertainment, and seasonal events. Founded in 1961, Six Flags is known for its wide array of roller coasters and entertainment options, attracting millions of visitors annually. The company focuses on providing recreational experiences and leisure activities across its various locations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 19, 2024 | $0.30 | 2024-06-05 | 2024-06-05 |
| March 20, 2024 | $0.30 | 2024-03-05 | 2024-03-06 |
| December 20, 2023 | $0.30 | 2023-12-05 | 2023-12-06 |
| September 20, 2023 | $0.30 | 2023-09-05 | 2023-09-06 |
| June 21, 2023 | $0.30 | 2023-06-06 | 2023-06-07 |
Dividends Summary
- Six Flags Entertainment Corporation has issued 65 dividend payments over the past 19 years
- The most recent dividend was paid 537 days ago, on June 19, 2024
- The highest dividend payed out to investors during this period was $0.94 per share
- The average dividend paid during this period was $0.57 per share.
Company News
A class action lawsuit has been filed against Six Flags Entertainment Corporation regarding alleged misrepresentations in its merger registration statement with Cedar Fair, claiming chronic underinvestment, operational degradation, and misleading investor communications.
Six Flags Entertainment Corporation faces a class action lawsuit alleging false and misleading statements related to its merger with Cedar Fair, with claims of weak financial performance and park maintenance issues.
Six Flags appointed John Reilly as new CEO, signaling a potential turnaround after a challenging merger and significant stock decline. The leadership change was positively received by investors, with shares jumping 7% and analysts seeing potential for substantial value creation.
Investment firm Land & Buildings initiated a $36 million position in Six Flags Entertainment, representing 6.61% of its reportable assets. Despite the stock's recent decline, the investment suggests potential turnaround opportunities, especially with activist investor Jana Partners involved.
Cedar Fair (FUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
